“ Even if growth in global demand was at zero for the next 22 years, in order to compensate the decline in the existing fields, we need to increase the production by around 45 million barrels per day (bpd), which is the equivalent to bringing four new Saudi Arabias to the markets. ”
Fatih Birol, author of the IEA’s World Energy Outlook which published today. (via dihard) (via abhilashr)
