Global Oil Demand May Continue to Rise Until 2050, Says IEA
TL;DR Summary
The IEA's latest report indicates that global oil and gas demand will continue to rise through 2050 under current policies, with less momentum for emission reductions despite growth in renewables and electric vehicles, leading to minimal CO2 emission cuts and rising climate risks.
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- There’s a New Forecast for Peak Oil Demand. It’s Increasingly Cloudy. The New York Times
- Oil and Gas Demand Could Grow Until 2050, IEA Says The Wall Street Journal
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