Sentences with phrase «in global demand for energy»

This report considers the impact of changes in global demand for energy, resources, transport and infrastructure over the next 10 years on clients and their law firms.

Not exact matches

The International Energy Agency, which says that global oil demand could peak around 2020 if governments adopted particularly green policies, predicts that even if it happened, oil still would account for 23 % of total global energy in 2040, down from 32 % inEnergy Agency, which says that global oil demand could peak around 2020 if governments adopted particularly green policies, predicts that even if it happened, oil still would account for 23 % of total global energy in 2040, down from 32 % inenergy in 2040, down from 32 % in 2016.
High demand for diesel and home heating fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Service.
Global banking giant J.P. Morgan has forecast an average price of $ 70 a barrel in 2018 on the back of global economic growth boosting the demand for eGlobal banking giant J.P. Morgan has forecast an average price of $ 70 a barrel in 2018 on the back of global economic growth boosting the demand for eglobal economic growth boosting the demand for energy.
The others were the explosive growth of renewable energy sources, especially solar photo - voltaic energy; China's increasing prioritization of cleaner energy; and the huge long - term rise in global electricity demand, reflecting higher living standards in the emerging world — notably in the shape of demand for air conditioning.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
In one corner, global energy demand will keep ticking along status quo for decades to come.
The increase in global demand owed to a large increase in demand for steel and energy, driven by rapid urbanisation and industrialisation in China and some other emerging economies.
In addition, the global supply / demand imbalances in energy and natural resources lead us to conclude that this will be an attractive area for the foreseeable futurIn addition, the global supply / demand imbalances in energy and natural resources lead us to conclude that this will be an attractive area for the foreseeable futurin energy and natural resources lead us to conclude that this will be an attractive area for the foreseeable future.
Oil prices have arisen from the lows set in March, but a glut of inventory and few catalysts for dramatic jumps in global energy demand suggest 2015 earnings will likely be less than half of last year's tally.
The trend away from energy scarcity and toward energy abundance creates big losers as well as winners and is only a net positive for global demand if the winners» boost in consumption offsets the losers» cut in consumption and capital spending.
World oil demand will rise less than previously thought in 2014, due to a lower outlook for the global economy and demand growth in the second quarter falling to its lowest level in more than two years, the West's energy watchdog said Tuesday.
As the world's demand for energy continues to increase, the Business Council is strongly committed to making Canada a global leader in sustainable development through showing that healthy economic growth, high living standards and environmental protection can be mutually supportive.
In plain terms, we are choosing to penalize our own energy industry with severe financial measures, when other jurisdictions like the U.S. are slashing taxes and red tape, rejecting carbon taxes, and calling for expanded fossil fuel production due to growing global demand.
Strong demand for crude oil and the entire energy sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as global supplies have dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.
Forecasts for global demand in 2005 have generally been revised up over the past few months, although a more recent International Energy Agency (IEA) report showed a slight downward revision.
It said an 80 percent rise in global energy demand was set to raise carbon dioxide (Co2) emissions by 70 percent by 2050 and transport emissions were expected to double, due in part to a surge in demand for cars in developing nations.
Second is what I call global flattening, which is really just my shorthand for the rise of middle classes all across the world in bigger numbers than ever before from China to Brazil to India to Russia; middle classes that increasingly have the kind of energy and consumption patterns, demands, and aspirations of Americans; and at the same time, global crowding — global population growth.
While the U.S. boom in shale gas helped push the fossil fuel's share of total global energy consumption from 23.8 to 23.9 percent, coal also increased its share, from 29.7 to 29.9 percent, as demand for coal - fired electricity remained strong across much of the developing world, including China and India, and parts of Europe.
The new study aimed to systematically pinpoint the drivers of water demand in the energy system, examining 41 scenarios for the future energy system that are compatible with limiting future climate change to below the 2 °C target, which were identified by the IIASA - led 2012 Global Energy Assesenergy system, examining 41 scenarios for the future energy system that are compatible with limiting future climate change to below the 2 °C target, which were identified by the IIASA - led 2012 Global Energy Assesenergy system that are compatible with limiting future climate change to below the 2 °C target, which were identified by the IIASA - led 2012 Global Energy AssesEnergy Assessment.
Chinese growth will push demand for fuels, contributing 36 % to predicted growth in global energy use.
There is good news on the employment front for engineers in the United States: salaries for engineers are rising amid the growing global demand for technology services across industry sectors, particularly healthcare and energy.
Future global demand for metals is expected to increase further as a result of urbanization and new infrastructure construction in developing countries, widespread use of electronics, and transitions in energy technologies [3].
Rising global demand for electricity will make nuclear an increasingly important source of energy in coming years.
This a big step forward in the search for alternative, greener fuels Paolo Bombelli As the global population increases, so too does energy demand.
In addition, surging global demand for industrial fuels from rapidly developing nations, such as China and India, have further driven up energy prices.
This advanced nuclear power plant has major appeal in domestic and international markets, offering a right - sized, cost - effective solution for carbon - free energy, and ensuring attainable power options to existing and emerging global economies demanding increased certainty of public safety, environmental protection and security from intrusion and proliferation of nuclear materials.
This helped to keep global CO2 emissions flat for the third year in a row, even as energy demand rose.
Global demand for energy is expected to require an estimated investment of $ US 2.5 trillion a year over the next 20 years in new energy installations and energy conservation initiatives.
The growing global demand for food and bio-energy, and the recent rises in food prices, slow down progress in reducing poverty, but increase demand for water from the agriculture and energy sectors.
The International Energy Agency predicts that the global demand for energy will increase greatly in the decades Energy Agency predicts that the global demand for energy will increase greatly in the decades energy will increase greatly in the decades ahead.
Slower growth in China and a possible recession in Europe have reduced global demand for energy and other goods.
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.
«Thanks to abundant supplies and insatiable demand for power from emerging markets, coal met nearly half of the rise in global energy demand during the first decade of the 21st Century,» said IEA Executive Director Maria van der Hoeven.
Azevedo and her colleagues, for instance, altered a quote from our Op - Ed to suggest that we had argued that energy efficiency measures would universally and in the aggregate result in higher global energy demand.
But it's worth adding because that level of disinvestment is so clearly incompatible with trajectories for global energy demand (the same is true in agriculture).
The combined strength of SkyPower's wealth of global experience in developing utility - scale solar parks and Grupo Uribe's long - standing credible presence in the Mexican energy sector enables the joint venture to rapidly deploy its capital and resources in order to immediately execute on large - scale solar development opportunities to align with Mexico's demand for solar.
Natural gas grows to account for a quarter of global energy demand in the New Policies Scenario by 2040, becoming the second - largest fuel in the global mix after oil.
From a global perspective, we are faced with daunting challenges as documented in World Resources, 1996 - 97: the accelerating confluence of population expansion, increased demand for energy, food, clean drinking water, adequate housing, the destructive environmental effects of pollution from fossil fuels and nuclear waste, plus the growing divergence between the haves and have - nots and the potential for ensuing conflicts.
The goal for this chapter was to identify energy - saving measures that will offset the nearly 30 percent growth in global energy demand projected by the IEA between 2006 and 2020.
The Assessed 2oC Scenarios produce a variety of views on the potential impacts on global energy demand in total and by specific types of energy, with a range of possible growth rates for each type of energy (above chart).
The thrust of the roadmap paper puts the onus squarely on fossil fuel management to respond properly to how growing climate regulation, advances in cleaner technology, cheaper renewables, and greater energy efficiency hit demand and the implications those global trends have for commodity prices.
The International Energy Agency (IEA) predicts that global demand for steel, chemicals and plastics will continue to increase, leading to a 35 percent rise in emissions for each sector up until 2050.
The technology currently available for installing distributed renewable energy in developing countries can not yet raise all of the world's poorest to the levels of per capita energy consumption previously reached in the west, but developed countries are already reducing overall energy demand and increasing energy efficiency, rendering historical patterns of energy usage the wrong benchmark for global standards in any case.
Here's why: Reducing global greenhouse gas emissions, while simultaneously meeting the surging demand for energy in developing countries, requires the development and deployment of clean energy technologies on a massive scale.
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.
The discussions, which took place in New Delhi on the 29 - 30 of January, covered global climate leadership, urban development issues, supply and demand energy pathways, and financing for sustainable development.
Energy use in the sector results from end ‐ user demand for higher ‐ quality energy carriers such as electricity, but also the relatively low average global efficiency of energy conversion and delivery procEnergy use in the sector results from end ‐ user demand for higher ‐ quality energy carriers such as electricity, but also the relatively low average global efficiency of energy conversion and delivery procenergy carriers such as electricity, but also the relatively low average global efficiency of energy conversion and delivery procenergy conversion and delivery processes.
«The overall share of fossil fuels in global energy demand in 2017 remained at 81 %, a level that has remained stable for more than three decades despite strong growth in renewables.»
«If, for example, new supply sources outpace demand, or if the global energy mix changes drastically in response to global climate change initiatives, then the benefits from oilsands investments may be considerably less.»
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