Director of Amicus Europae Foundation

I think nowadays it’s only air travel that is still depending on oil. I mean the majority of locations have substitute fuels.

So, if suddenly oil will disappear, in the majority of cases there will be substitute fuel. But of course the supply side doesn’t provide the full vision of energy security. And I think it’s also worth mentioning the other side, the demand side. I think in the last couple of years we are witnessing a revolution, and this revolution has to do with the fact that usually in the history of the mankind when there was economic growth, when there was development it wasaccompanied by the rise of energy consumption.