According to the Guardian, Richard Branson believes that ” The next five years will see us face another crunch – the oil crunch. This time, we do have the chance to prepare. The challenge is to use that time well.”
The founder of the Virgin Group and other business leaders from the United Kingdom are urging their goverment to act fast on peak oil as they believe it can seriously threaten our economies.
I couldn’t agree more as I believe the threat of peak oil is part of the triple crisis we are now facing. It is time for low carbon alternatives to increase their rate growth significantly.