Four decades later, the world consumes between three and six barrels of oil for every one that it finds.

The world uses almost 2 cubic miles of coal a year.

However, in 1970,

Evidence is now mounting that world oil production is peaking, or is close to it.

Who you with, the water department or the real estate office?

Typically it takes 40 years after the peak of discovery for a country to reach its peak of production, after which it enters a permanent fall.

That's 10 to the sixteenth. And they consume one and a half megawatts of power.

They still have power.

54 of the 65 major oil producing nations have already peaked in production.

They can't even attain the bachelor's degree.

Power it generates heat,

And I tested them.

So what we're experiencing is something called shifting baselines.

So the problem is soluble, and the way we should go about solving it is, say, dealing with electricity production, which causes something like 43 or so percent and rising of CO2 emissions.

In due course, Britain started using oil and gas from the North Sea, and in the year 2000, oil and gas production from the North Sea also peaked, and they're now on the decline.

They all depend on cheap oil, but oil is peaking.

That's the metaphor, the old metaphor.

This is intended just to show you that demand is pushing up against capacity.

I'm the most efficient guy in town.

Power Consumption self powered

Peek

As manufacturing capacity expanded for military industrial use

And there are a lot of similarities between the Internet and the electric industry.

So in this situation, let's say, this is capacity.

When someone is doing really well and getting a really great return, it attracts competition.

And they're having appliances in your home talk to one another through that algorithm, and determine how to minimize peak power use.

So we would say we're 100 utilized.

And one of them is the lacking buying power.

Triple Peaks

Shell geophysicist M. King Hubbert predicted that America's oil production would peak in 1970, 40 years after the peak of U.S. oil discovery.

Now to charge the battery, we connect a source of electricity.

It's the largest company in Tanzania.

But in this situation, what continues to happen?

The economic strength of a country lies not alone in its ability to produce, but also in its capacity to consume.

My wife gives birth.

If we double the power with a voltage spike the alarm system, in order to protect itself against an overload, will shut itself down.

So countries like Australia, Russia, Libya, Kazakhstan, could be our best friends for renewable production.

Now Andrew uses a slow drying bluing compound to check if he needs to make another slight taper cut

We worked day and night to meet that original delivery schedule. By the time we could remanufacture... we'd lose the contract.

Powersave

Electricity.

Large uranium reserves for nuclear fission still exist.

Peak to peak distance

Peak to peak distance

At the other end of the spectrum, I met this guy.