Sentences with phrase «about global energy demand»

The energy sector dipped slightly as concerns about global energy demand sent the July crude contract down 50 cents to US$ 93.65 a barrel in electronic trading on the New York Mercantile Exchange.

Not exact matches

The acceptance of the notion that global oil demand will peak within a generation is mind - blowing given that, just a decade ago, the chatter in the energy world was about a coming peak in oil supply.

Under this scenario, by 2040 global energy demand will be significantly larger than it is now; oil, coal, and natural gas each will account for about one - quarter of total demand, and solar and wind together will account for roughly 5 %.

Thus the wage gains are from a one time energy glut brought about by increased supply from fracking, lower demand from a weak global economy, and some producers increasing production to make up for lower prices (not entirely self defeating as consumer nations expand inventories while prices are low).

Also contributing to demand is the booming Asian offshore energy industry, which is predicted to represent about 20 % of total global industry expenditures between 2015 and 2019.

The cartel, which controls roughly 40 percent of global oil production, has cut output by about 8.5 percent over the same period last year, while global demand is down by a little over 2 percent, according to the U.S. Energy Information Administration.

According to some estimates, the available energy in the jet streams is about 100 times the current global energy demand.

Feed - in tariffs on fossil energy imports to the United States would surely end up reducing demand for fossil fuels as more and more renewable capacity became available — which is exactly what you would want to see happen if you are serious about slowing the rate of global warming.

We know population is going up (UN mid-level projection is about 9.5 billion by 2050 and 10.5 by 2100), and the poor want to get rich while the rich don't want to get poor, so the only way to work on global energy demand is the last term which is really energy efficiency.

Businesses are also moving forward: Auto company General Motors announced it will transition to producing only electric vehicles; 100 of the world's most influential businesses are creating a huge demand for renewable energy; and ten of the world's largest companies have launched a global campaign to expand corporate electric vehicle use and charging infrastructure (a big deal when you consider that about half of the cars on the road belong to companies).

The company expects energy demand to grow at an average of about 1 % annually over the next three decades — faster than population but much slower than the global economy — with increasing efficiency and a gradual shift toward lower - emission energy sources: Gas increases faster than oil and by more BTUs in total, while coal grows for a while longer but then shrinks back to current levels.

Global demand for coal is expected to grow to 8.9 billion tons by 2016 from 7.9 billion tons this year, with the bulk of new demand — about 700 million tons — coming from China, according to a Peabody Energy study.

Each year, ExxonMobil produces the Outlook for Energy — which provides educated estimates about global energy supply and demand and other economic trends — in order to help guide our internal business and investment deciEnergy — which provides educated estimates about global energy supply and demand and other economic trends — in order to help guide our internal business and investment decienergy supply and demand and other economic trends — in order to help guide our internal business and investment decisions.

From 2010 to 2040, the Outlook shows the growth rate of global CO2 emissions will be about half that of energy demand.

Global energy demand will increase by about 25 percent by 2040, with most increases coming from non-OECD countries, especially China and India.

In REmap — IRENA's global roadmap for the transition — energy demand by 2050 could be about the same as in 2015, due to significant energy efficiency improvements.

In Oregon, for example, Governor Kate Brown signed a bill that will move the state to 50 percent renewable energy production by 2040 and end the state's use of coal power by 2030; in Montana, sagging demand and economic pressures caused Arch Coal to scrap its plans for a massive strip - mining operation on federal land; and in a recent Gallup poll, 64 percent of Americans said they worried a «great deal» or «fair amount» about global warming, up from 55 percent only a year ago.

Our meeting has been held at a time of higher and volatile oil prices, continuing increases in global oil demand, localised supply problems for some forms of energy, concern about long term security of supply and increasing attention to the environmental impact from energy use.

It shows fuel shares of total world energy supply, including the contribution of fossil sources (oil, coal and gas), nuclear power (providing for about 16 % of global electricity demand and 6.5 % of all energy use) and renewables (13 % of total energy).

What is missing in the report is any discussion about the dynamics of the global energy system, the need to meet energy demand and of course the rapid growth we are seeing in that demand.