Rimini protocol

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The Rimini Protocol (also called Uppsala Protocol) is a proposal made by the geologist Colin Campbell in order to keep prices of oil down and minimize the effects of peak oil.

In order to achieve this aim the producing countries would not produce in excess of their present depletion rate. But also the importers would cut their imports to the same level and this would have the effect of keeping world prices in reasonable relationship to actual production cost and allow the Third world, the poor countries to afford at least something.

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