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Global Energy Brief

Global Energy Brief – Demand

Global Energy Brief – Demand

Oil & gas investment needed along the lower carbon pathway. In line with the world’s commitment to a future that sees global temperatures increasing by no more than 2 degrees above pre-industrial levels, oil & gas will still be needed to meet about half of global energy needs between now and 2040.

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Global Energy Brief – low-emissions pathways

By the end of 2016, 121 countries had ratified the previous year’s UN’s COP21 Paris Agreement. Its aim: “to strengthen the global response to the threat of climate change” by limiting the global average temperature to an increase well below 2.0 degrees C above pre-industrial levels.

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How much more oil and gas will the world need?

There’s no one response to that question, since the answer depends on so many geopolitical, economic and social variables. These include population growth, technological developments and the ways in which governments will implement their agreement to keep global warming to below 2-degrees Celsius.

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