tisdag, november 13, 2012

The Oil Depletion Protocol

The Oil Depletion Protocol is an international agreement that will enable nations of the world to cooperatively reduce their dependence on oil. It was proposed by Dr. Colin Campbell. By agreeing to reduce oil imports and exports by a specified amount each year, about 2.6 percent, signatory nations will help mitigate the negative consequences of an over-reliance on cheap oil and help prepare for a global decline in the world’s oil supply.

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