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Worldwide, a majority of geologists and climate scientists agree that

1)  We are either facing imminent post-peak oil production capacity, globally, or we have already passed that point in history. This means that in the future, there will always be less remaining oil reserves (and oil of a lower quality) to be extracted, and it will become increasingly more difficult, costly, dangerous, and environmentally degrading, to access – even as worldwide demand continues to increase.

2) If we continue to power our carbon-intensive societies with fossil fuels the resulting climate changes we face will threaten our existence, even before we completely exhaust the remaining supplies.