How can we stop using so much oil?
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About the video: ‘How can we stop using so much oil?’
Matt Simmons reflects on the reasons why the world consumes 85 million barrels of oil a day and points to ways to reduce fossil fuel consumption over time. First and foremost, we must alter the way in which people and goods are transported. We can do this by encouraging workers to commute less and by disincentivising long distance trucking. Next we must re-localize our food economy. Finally, he says, we must radically change the way the global economic system has been built.
Total views: 2,775
Filmed: London, UK on 14 February 2007
Credits: Interviewer - Marcus Morrell, Camera and Editor - Marcus Morrell
Copyright © 2007 Big Picture TV
About Matthew Simmons
Matthew Simmons is one of the world’s leading experts of peak oil.
He is Chairman of Simmons & Company International, a specialized energy investment banking firm. The firm has completed approximately 600 investment banking projects for its worldwide energy clients, at a combined dollar value of over US$65 billion. Mr. Simmons’ papers and presentations are regularly published in a number of journals and publications including World Oil, Oil and Gas Journal, Petroleum Engineers, Offshore and Oil & Gas Investors.
Simmons is the author of the book “Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy”(2005).
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