2010 Briefing Note

The Taskforce update, Peak Oil – implications of the Gulf of Mexico oil spill (PDF, 840Kb), highlights the increasing importance of deepwater drilling to global oil supply.

Peak Oil - implications of the Gulf of Mexico oil spill

The impact of the spill is most likely to be felt in project delays due to new legislation, tighter controls or more inspections of deepwater installations.

The Taskforce is calling on the new Coalition Government for swifter action to help the UK switch to more sustainable energy sources to help reduce the UK’s dependency on oil. The group recognises that a series of low-carbon initiatives are in place but believes that the impending oil crunch demands that mobilisation of these technologies and tactics be significantly speeded up.

Buro Happold is the latest company to join the growing Taskforce which includes Arup, Solarcentury, Stagecoach Group, SSE and Virgin Group.