UK to run out of oil, gas and coal in five years
The study found that the UK has just 5.2 years of oil, 4.5 years of coal and three years of gas before it completely runs out of fossil fuels, said the researchers at the Institute based at Anglia Ruskin University, in the East of England.
France is also in poor shape with less than a year’s worth of fossil fuels in reserve, and Italy has a single year of oil left and less than a year of gas and coal, but France unlike its southern neighbor generates almost 80 percent of its electricity from nuclear power.
In contrast Russia, with its huge landmass, has more than 50 years of oil, 100 years of gas and more than 500 years of coal. Norway also has extensive reserves of oil and gas under the North Sea.
Some countries in the EU were found to be better off in terms of energy reserves. Germany has 250 years of coal remaining and Bulgaria more than seventy years. ■