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Chinese Expert: Global Oil Reserves Will  Run  out After   Few Years


Sat 20 Mar 2021 | 10:33 PM
Ahmed Moamar

A Chinese scientist and university professor revealed shocking information that may change the face of the global economy and the concept of energy and transportation on the planet after years.

The president of the Southern Technological University of China and a member of the Chinese Academy of Sciences, Xue Keikun, confirmed that the fossil energy resources on Earth will be exhausted within 50 years.

In detailed research, the scientist revealed several pieces of information that could be described as "shocking" related to the first energy source used at the present time.

He noted that during the past 250 years, there have been three major industrial revolutions due to the increase in the extraction of fossil energy sources in the world.

But the world expected that these natural resources are directly affected by the increase and increase in the development of the global economy, and expected the depletion of many resources, according to the Chinese "the paper" site.

The world emphasized the depletion of hydrocarbon resources during the next half-century. Therefore, in order to maintain the current level of progress, the scientist called for replacing the usual fossil fuels with alternative energy sources.

In his paper, the Chinese scientist focused on solar energy as the main alternative energy source in the world, which was considered impossible to implement, at least in the near future.

He suggested replacing coal and natural gas with hydrogen fuel, in addition to a number of alternative sources.

On the other hand, Tatiana Lanchina, an expert at the Center for Energy and Environmental Economic Modeling (RANEPA), talks about changes in the renewable energy industry that will disrupt the future of traditional energy sources such as coal and gas.

The expert stated that the cost of producing solar and wind energy within a few years will be cheaper than the cost of generating power from coal and gas, and in some cases, solar power generation will be cheaper than the electricity grid now.