| Energy crisis: turning-point of humanity |
From January 2007 to July 2008 the oil-price have risen explosivily. This time it was not about some action of OPEC, a
threat of war or a cold winter. The rises in price were the result of a turning-point in the oil supply. Demand kept
growing and the oil extraction has reached its ceiling. And, as the oil exporting countries use more and more oil
themselves, less oil is offered on the export-markets.
Today's mix of energy use consists of 36 percent oil, 24 percent gas, 28 percent coal, 6 percent nuclear, 6 percent
hydro-power and 1 percent renewables, like wind and solar energy.
The explosive growth of the world population has been possible by the one-time consumption of fossil energy. We now have
reached the top of the energy-extraction. The extraction of the remainder demands more cost and efforts for a lower output.