Former Finance Minister, Head of the Accounts Chamber Alexey Kudrin, speaking at the St. Petersburg International Economic Forum, spoke about the sunset of the era of oil, which may come for 10 coming years. His words leads TASS.
“I think that the peak of oil consumption we will go into this decade. The peak of coal consumption in the world we have passed. We are if and not after 10 years will have to reduce your external income from oil, then within 20 years it will be a serious challenge “,” Kudrin said.
According to him, invest in the development of alternative energy sources is necessary now. “Maybe with a getting, it was necessary to turn around in this direction a little earlier,” Kudrin added.
/Media reports.