BP predicts global oil demand will peak in 2025, bringing to end rising emissions

BP predicts global oil demand will peak in 2025, bringing to end rising emissions

Oil, BP, Energy industry, Greenhouse gas emissions, Oil and gas companies, Wind power, Solar power, Business, Commodities Business | The Guardian

​Outlook says use of wind and solar power will surge – but forecasts for gas point to slowing in energy transitionBP has predicted that the world’s demand for oil will peak next year, bringing an end to rising global carbon emissions by the mid-2020s amid a surge in wind and solar power.The energy company’s influential outlook report has found that oil use will increase by about 2m barrels a day to peak at about 102m in 2025 across both of its forecasts. Continue reading… 

Outlook says use of wind and solar power will surge – but forecasts for gas point to slowing in energy transition

BP has predicted that the world’s demand for oil will peak next year, bringing an end to rising global carbon emissions by the mid-2020s amid a surge in wind and solar power.

The energy company’s influential outlook report has found that oil use will increase by about 2m barrels a day to peak at about 102m in 2025 across both of its forecasts.

Continue reading… 

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