Oil Depletion Protocol
The Rimini Protocol is a proposal made by the geologist Colin Campbell. It is intended to stabilise oil prices and minimise the effects of peak oil. It is named after the XXIX. Annual Conference ''The Economics of the Noble Path: Fraternal Rights, the Convival Society, Fair Shares for All'' of the Pio Manzù International Research Centre in Rimini, Italy on 18-20 October 2003, where Campbell presented his idea of an oil depletion protocol. A few months later, he published together with Kjell Aleklett, the head of the Uppsala Hydrocarbon Depletion Study Group, a slightly refined text under the name Uppsala Protocol. Basic mechanism To ease peak oil effects and to manage the long decline in the second half of the oil era, producing countries would not produce oil in excess of their present national depletion rate: i.e., roughly speaking, the oil used or exported must equal the oil produced or imported. Furthermore, it would be required that importing nations stabilize their impor ...
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Geologist
A geologist is a scientist who studies the solid, liquid, and gaseous matter that constitutes Earth and other terrestrial planets, as well as the processes that shape them. Geologists usually study geology, earth science, or geophysics, although backgrounds in physics, chemistry, biology, and other sciences are also useful. Field research (field work) is an important component of geology, although many subdisciplines incorporate laboratory and digitalized work. Geologists can be classified in a larger group of scientists, called geoscientists. Geologists work in the energy and mining sectors searching for natural resources such as petroleum, natural gas, precious and base metals. They are also in the forefront of preventing and mitigating damage from natural hazards and disasters such as earthquakes, volcanoes, tsunamis and landslides. Their studies are used to warn the general public of the occurrence of these events. Geologists are also important contributors to climate ch ...
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