International Energy Agency
Also known as: IEA
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peak oil theory
- In peak oil theory
In 2010 the International Energy Agency’s (IEA’s) annual World Energy Outlook speculated that the global peak of conventional crude-oil production may have taken place in 2006, when 70 million barrels were produced per day. By contrast, the influential Cambridge Energy Research Associates (CERA) estimated in 2005 that current…
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