RECOGNIZING THE PEAK OF THE WORLD PETROLEUM PRODUCTION
This resolution recognizes that global petroleum production will soon peak and that such a peak will reshape many key industries and economies. It acknowledges the unprecedented nature of the phenomenon of peak oil. The resolution supports the adoption of a global depletion protocol and accepts that the City must prepare for the inevitability of peak oil. The resolution calls upon federal and State governments to take action to mitigate the effects of the peak and to prepare for its consequences.
| Amends Code | No |
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| Final | 2006-07-20 | Passed | 7-0 (Banach, Sabbagh absent) |
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