... industry standard reports like IEA World Outlook, is based on the fact that the supermajor wanted to offer a pure, clean and direct forecast. If any reader hopes to avoid analytical jargon of various highly divergent scenarios then this is an ideal report offering ... ... Stagnation:
Asia will manifest into the leading cradle of energy growth with more than a half of it coming from India and China. A key factor behind growth in these nations and similar countries, will be the most predictable – growth in population,...
... cars are a lot more powerful today than ever, but due to new efficiency designs, they only require an equivalent to the notably less powerful cars of the 1960’s to 1980’s. Moreover, albeit global energy intensity has fallen globally (even China and Russia has improved) due to technological innovation within efficiency, nonetheless it is unlikely to fall further as the opportunity cost for the next stage of efficiency is too high. Lastly, in regards to developing economies the demand is expected to boom, with 85% of the global growth in oil and gas expected from them. Numerically, with Asia adding most of the growth (i.e. China), demand is expected to grow from 400bcm to around 1200bcm by 2035, in contrast ...
