COOLER GLOBAL WARMING
October 1st, 2003
BY KEITH NUTHALLASSUMPTIONS about natural gas and oil reserves worked into the Kyoto Protocol's energy conservation formulae were over estimated, according to a study by researchers at the University of Uppsala, Sweden. They claim gas and oil reserves equal around 3,500 barrels of oil, compared with the lowest estimate made by the Kyoto Protocol's intergovernmental panel on climate change - 5,000 barrels, (its worst case scenario put the figure at 18,000 barrels). As a result, said the researchers, oil supplies should peak by 2010, with gas production falling ...
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