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Top scientist says politicians have 'heads in the sand' over oil
Supplies are dwindling and governments need to act now to introduce low-carbon transport, says Sir David King
http://www.guardian.co.uk/environment/2010/jun/09/sir-david-king-dwindling-oil-supplies
Supplies are dwindling and governments need to act now to introduce low-carbon transport, says Sir David King
http://www.guardian.co.uk/environment/2010/jun/09/sir-david-king-dwindling-oil-supplies
Britain's former chief scientist has attacked politicians and industry experts who have their "heads in the sand" over dwindling oil supplies.
Sir David King said governments, including the UK's, were too eager to believe the optimistic predictions of economists who tell them that "oil will be squeezed out of the ground pretty much forever".
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He said: "That's what governments want to hear and that's what they do hear, and I think the British government as much as many others."
He added that those with a "vested interest" repeatedly overstated how much accessible oil remains in the ground. Conventional oil reserves are about 30% lower than widely reported, he said.
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"I can't overemphasise the importance of persuading governments to focus attention on what's going to be a very significant issue as we move into the next decade.
"It is down to government to steer us towards a defossilised economy using the regulatory and financial incentives available.