European research shows that hydrogen energy could reduce oil consumption in road transport by 40% by 2050
A scientific project funded by the EU’s research programme has found that introducing hydrogen into the energy system would reduce the total oil consumption by the road transport sector by 40% between now and 2050. By taking a leading position in the worldwide market for hydrogen technologies, Europe can open new economic opportunities and strengthen [...]
Oil Shortages Start in 2010; Peak Oil Hits 2012-2015
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Nearly 40 years on Wall Street, plus 12 years before that working for a major oil company, equals a lifetime of experience for Charles T. Maxwell, senior energy analyst at Weeden & Co., known as the “dean of energy analysts.” Now, in an interview that sounded like a preliminary draft of a [...]