'Brexit, Oil and the World Economy' Talk by Dr Alister Hamilton, Edinburgh University

Organisation:Transition Black Isle

26 October 2016, Starts: 19:30

Tore Primary School   7.30

Alister's summary of the talk:

In this talk we shall briefly explore the history of fossil fuel production in the UK with regard to indigenous primary energy supply dynamics and show that the UK has gone through a recent and significant energy shock. Did this impact on the recent Brexit vote?

Turning to the global oil production system, we shall show that the application of engineering analysis allows numerical data relating to the status of the global oil production system to be derived for historical and future production. This reveals that conventional oil is no longer the rich source of energy it once was, due to its inevitable depletion.

The use of oil has historically boosted economic growth. We have analysis to show that by 2020 this will no longer be the case and that by 2030, the average barrel of oil will no longer act as an energy source. As a result of this process, production will cease.

The world is about to receive an immense energy shock. It is essential that policy makers understand this issue in order to mitigate impact. This presentation will provide an executive briefing of the key issues.

All welcome.  The talk will be followed by discussion and refreshments.

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