Tag Archives: BP Energy Outlook 2019

BP sees coal demand continuing, even more so oil and gas

The headline is that oil giant BP sees global demand for coal continuing for decades in the face of dynamic growth of renewable energy.

That is what BP thinks will happen on the basis of projecting forward what we are doing to date. However, in what they see as a Rapid Transition Scenario, BP still sees around half of our energy needs in 2040 coming from fossil fuels in the form of gas and oil. Here from the BP Energy Outlook, 2019 in a nutshell is the story:

Continue reading BP sees coal demand continuing, even more so oil and gas