Sentences with phrase «then global demand for oil»
If other countries followed suit, even if just partially, then global demand for oil would decrease and... the price of oil would decrease.
https://dotearth.blogs.nytimes.com/ Not exact matches
If global warming accelerates, Schneiderman's logic goes, then Exxon would be stuck with fossil fuel reserves rendered worthless by future regulations or a concomitant reduced demand for oil.
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.