the figures on the probable amount of remaining oil in reserves known have been inaccurately announced.

researchers in the Smith School have reached conclusions on the use of energy alternatives that confirm the opinion of political leaders.

oil reserves estimates should be readjusted to indicate that around twelve hundred billion barrels are available for consumption.

political and financial concerns have led to the announcement of precise data on oil production available to the public.

only 850-900 billion barrels will be produced by the middle of the current decade.

other low carbon alternatives are not available to replace the finite oil resources.

the tipping point in oil production will not affect the underdeveloped economies of the world.

business and governments are not expected to take quick measures to face the world economic problems.

more money has to be spent on financing new fuel technologies that produce low carbon emissions.

research, development and deployment of low carbon alternatives are the sole responsibility of university researchers.

uncertainty about the future of the global economy.

unclear estimation of oil reserves reported by the government.

low carbon emissions resulting from conventional oil extraction.

political and financial interests of the world’s economic leaders.

confrontation of the unpleasant situation of oil shortage in the near future.

certainty.

necessity.

possibility.

obligation.

permission.

can be harmful to the environment because it generates an additional demand for oil.

requires unconventional drilling methods that cause lower impact on the nation’s carbon footprint.

is not feasible since it will require non-conventional financing to make up for the lower output rates.

produces higher carbon emissions resulting from both the extraction and the deployment of fuel from this source.

has not been authorized since Canada’s governmental authorities have passed strict laws against the exploration of such reserves.