Chapter / Clause / Subclause – General 22 submitters - Waikato ...

Submission summary
2008 World Energy Outlook, Executive Summary, 2008
Decision
International Monetary Fund (IMF)
Given the potential for unexpected increases in the scarcity of oil -policymakers
should review whether the current policy frameworks facilitate adjustment to
unexpected changes in oil scarcity. Second, consideration should be given to
policies aimed at lowering the risk of oil scarcity.
IMF World Economic Report, April 2011
William J. Cummings, ExxonMobil's spokesman in Angola
''All the easy oil and gas in the world has pretty much been found, now comes the
harder work in finding and producing oil from more challenging environments and
work areas."
2005
Ron Oxburgh, former Chairman of Shell
"It is pretty clear that there is not much chance of finding any significant quantity
of new cheap oil. Any new or unconventional oil is going to be expensive."
2008.
These sources are unanimous on the matter that the age of cheap oil is over.
There are also warnings that a global crisis of supply along with a spike in price
could occur as soon as 2013-2015.
On page 37 (4.4) of the Draft Waikato Regional Public Transport Plan (herein
referred to as the Draft Plan) acknowledges that "fuel price is one of the key
factors influencing demand for public transport". It further notes fluctuating fuel
prices over the past few years and an expected trend of increasing prices. It does
not perhaps however match the urgency of the situation which is foreshadowed
in the assessments set out above.
The Draft Plan (Page 7) makes specific mention of the needs of those who are
classified as transport disadvantaged, those who have difficulty in accessing
basic activities and services like healthcare, education and food shopping. It
notes some of the causes as age, socio-economic status or disability. Catering to
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