Rimini protocol
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The Rimini Protocol (also called Uppsala Protocol) is a proposal made by the geologist Colin Campbell in 2003. It is intended to stabilise oil prices and minimize the effects of peak oil.
To achieve this, producing countries would not produce oil in excess of their present national depletion rate. Also, importing nations would stabilize their imports at existing levels. This would have the effect of keeping world prices in reasonable relationship to actual production costs and let Third World countries afford their oil imports.
[edit] Further reading
- Interview with Campbell
- The end of cheap oil
- Rimini-Protocol with Introduction
- Uppsala-Protocol
- The Oil Drum
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