Sunday, 18 May 2014

Impeding Europe Energy Crisis

Ratcliffe-on-SoarA report by the Global Sustainability Institute said shortages would increase dependency on Norway, Qatar and Russia.There should be a "Europe-wide drive" towards wind, tidal, solar and other sources of renewable power, the institute's Prof Victor Anderson said.
The report says Russia has more than 50 years of oil, more than 100 years of gas and more than 500 years of coal left, on current consumption.By contrast, Britain has just 5.2 years of oil, 4.5 years of coal and three years of its own gas remaining..

However,France fares even worse, according to the report, with less than year to go before it runs out of all three fossil fuels.The report has painted a insight and varied picture across mainland Europe and the UK, with Germany having 250 years of coal, however less than a year of oil and this well mean that Europe will face a major energy crisis if they don't move their focus to more sustainable and renewable energy source 

The government recently announced it was cutting subsidies for large-scale solar energy and the Conservatives have said there will be no funding for new onshore wind farms if they win the next election.Many ministers are hoping that enough shale gas - extracted by fracking - will be obtained to make a difference,



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