Latest from the Taskforce
On 23 May 2011, six UK companies - Arup, Buro Happold, SSE, Solarcentury, Stagecoach Group and Virgin - welcomed the UK Government’s commitment to work with the private sector on contingency plans to protect the UK and its economy from the growing risk of rising oil prices.
In a press release, available here, ITPOES said that the first collaboration should be to jointly examine concerns that global oil supply will begin to fall behind global demand within as little as five years - far earlier than previous widely-held assumptions.
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The UK Industry Taskforce on Peak Oil and Energy Security (ITPOES) formed in 2008 as a coalition of British companies sharing concerns about the state of the UK’s energy security.