In a statement that delighted campaigners opposed to fossil fuels, the Bank used a conference in Paris to announce that it “will no longer finance upstream oil and gas” after 2019.
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Fossil Fuel - Aug 26, 2018
Peak oil demand is expected to come around 2036 as electric vehicles and autonomous vehicles are expected to play an increasingly important role in the world’s transportation sector, the Financial Times reported on Monday, quoting a long-term energy outlook by Wood Mackenzie. “Autonomous electric vehicles or robo-taxis will really change the face of transport in the coming decades,” Ed Rawle, Wood Mackenzie’s head of crude oil research, told the FT.
Wood Mackenzie: Global Peak Oil Demand Expected In 2036 | OilPrice.com
Energy consultancy Wood Mackenzie expects global peak oil demand to come around 2036 as EVs and autonomous vehicle are expected to dent demand for crude oil products
Fossil Fuel - Apr 24, 2018
Oil demand will remain strong to around 2040 and plateau rather than peak, Gilvary said. “We will continue to pursue world projects. But we will do that in a way to make sure we start to reduce emissions in our own business.”
Coal Dead? Peak Oil Demand? Five Takes on Fossil Fuels' Future
For all the buzz around wind, solar and electric cars, energy company executives had plenty to say Tuesday about the continuing role of fossil fuels and nuclear power at the Bloomberg New Energy Finance Future of Energy Summit.
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