Embed Notice

BUT ALSO:
"IEA's current policies scenario shows no oil demand peak before 2050.

This scenario takes into account existing government policies and not aspirations to achieve climate goals.

The IEA last used the "current policies scenario" for its predictions in 2019 and switched to predictions more in line with a clean energy transition and pledges of reaching net zero emissions by mid-century from 2020.

This year's outlook ditched the pledges scenario."

https://www.reuters.com/sustainability/boards-policy-regulation/world-oil-gas-demand-could-grow-until-2050-iea-says-2025-11-12/