VIEWS: 11 PAGES: 4 CATEGORY: Social Sciences POSTED ON: 6/13/2010
Despite sophisticated technologies, and huge sums invested, the discoveries peaked in the 1960s, from then on the rate of new finds, particularly of large oil fields, began to decline. [...] a study by the International Energy Agency about the future of production, consumption and prices until 2030, and a survey by the same agency on the production capacity of the existing eight hundred or so fields, predict that oil will remain a scarce commodity, despite the current international financial crisis, and that production will probably peak in 2020.
THEWORLDTODAY.ORG MAY 2009 PAGE 10 GlobalPo | INDEPENDENT THINKING ON INTERNATIONAL AFFAIRS THEWORLDTODAY.ORG MAY 2009 PAGE 11 CLIMATE CHANGE AND RENEWABLE ENERGY: BRAZIL Paulo Wrobel, LATIN AMERICA ANALYST, ADVISER TO BRAZILIAN EMBASSY, LONDON ositioning a HUNDRED EIGHTY-SEVEN COUNTRIES WILL meet in Copenhagen in December, at the United Nations Climate Change Conference, to try to reach a new international agreement, to take effect after the Kyoto Protocol expires in 2012. If Copenhagen is successful, it will be the culmination of almost twenty years of international diplomatic negotiations on the environment. These started in Brazil, at Rio-92, at the time the largest gathering of heads of state, where the concept of sustainable development was accepted as a guiding principle. Despite playing host to these groundbreaking talks, until quite recently, Brazil has been a very reluctant player. PUTTING OUT FIRES Brazil has evolved its position on climate change negotiations, and started to engage more positively at an international level. The crucial issue is accepting that deforestation is one of the main culprits in carbon emissions. Until very recently, Brasília had been reluctant to shoulder its share of responsibility in international talks. Reversing previous policies after months of public consultation, the government announced a National
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