Help Sitemap Home Skip Navigation Contact Us Disability Statement

Drink Driving, Don't Risk It!

Christmas Gift Guide

Crunch time for oil debate

Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

Published Date: 02 November 2009
A CONFERENCE on the "oil crunch" is to be held at Edinburgh University tomorrow.
Speakers at transport campaign group Transform Scotland's event include Jeremy Leggett, a former oil geologist and ex-chief scientist for Greenpeace, and Steven Stewart, director of corporate communications at Stagecoach Group.

Transform's Colin Howden said: "We hope the event will create an awareness of the coming crisis of oil depletion, and how the transport sector in Scotland should be planning to adapt."

The event is at the university's Informatics Forum at 5:30pm.





Page 1 of 1

  • Last Updated: 02 November 2009 10:16 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
 
1

Linda,

Edinburgh 02/11/2009 13:05:49
Oil is a finite resource but let's get it into perspective.

38 billion barrels of oil and gas have been extracted from the North Sea.
There are 25 billion barrels of oil and gas remaining in the North Sea and West of Shetland. And much more remains in deeper waters of the west coast and in the Minches.
In 2008/9 is that the UK Treasury received around £12-16 billion in tax from oil and gas producers, up to double the £8 billion they received in 2007/8 and 90% of the total is in Scottish waters.
Yet thanks to Gordon Brown’s recession, Scotland is facing a £1 billion a year Union Dividend attack on her budget from Westminster, with no real financial powers to address the country's pressing economic challenges.

 

Comment on this Story

 

In order to post comments you must Register or Sign In

 
 
RSS Feed of this article's comments
Delivery formats: RSS, Atom, Javascript & Email
 
 


Sister Newspapers:
Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.