Home arrow Oil Depletion Overview arrow Queensland Inquiry on Petrol Pricing & McNamara Speech
Queensland Inquiry on Petrol Pricing & McNamara Speech PDF Print E-mail
Thursday, 06 April 2006
The Queensland Parliament Select Committee on the Impact of Petrol Pricing has recently completed its inquiry and the report is now available . The inquiry received a number of submissions on peak oil and these have had an impact on chapter 5 of the report "Reducing oil use and dependency".

Also in Queensland, Labor MP (and ASPO Australia patron) Andrew McNamara has given a second speech in the queensland parliament on peak oil in which he says:
The most optimistic assessment of the date for peak oil is given by the US Geological Survey as 2037. Even if we accept that that date is accurate ... it is still only one generation away.

That is one generation to completely retool our economy, to rebuild our communities and to replace our transport sector. I am of the view that ...  inventories and voluntary demand restraint caused by high petrol prices will give us a 10-year window in which to make these changes....

I know that it has been the way of things in politics to not say that we will ever run out of anything or that we have to change our ways to use less of something, but that is what must happen.
The full text is at energybulletin.net .
 
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