BP Energy Outlook: Transition to a lower carbon future takes time

London - Despite current weakness in global energy markets and the slowdown in China

According to the 2016 edition of the BP Energy Outlook, published today, global demand for energy is expected to increase by 34% between 2014 and 2035, or by an average of 1.4% per year. This growth in overall demand includes significant changes in the energy mix, with lower-carbon fuels growing faster than carbon-intense fuels as the world begins to transition to a lower-carbon future.

The Outlook looks at long-term energy trends and develops projections for world energy markets over the next two decades. The 2016 edition was launched today in London by Spencer Dale, BP

Source: IWR Online, 11 Feb 2016