Lloyd's adds its voice to dire 'peak oil' warnings Lloyds warns business about the end of cheap oil, business large and small need to adapt and not fear the inevitable but see it as an opportunity to reduce CO2 and secure reliable sustainable energy sources."Companies which are able to take advantage of this new energy reality will increase both their resilience and competitiveness. Failure to do so could lead to expensive and potentially catastrophic consequences," says the Lloyd's and Chatham House report "Sustainable energy security: strategic risks and opportunities for business".Guardian Sunday 11 July 2010
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