ExxonMobil, the world’s biggest publicly listed oil company, issued its annual long-term outlook on the world energy scene today. It provides a lot of information worth thinking about as the world works toward curbing carbon emissions at Copenhagen. First off, global energy demand in 2030, which is the year it looks out to, will be almost 35 per cent higher than in 2005.
But, beyond that, and possibly most important, is that that number would be a lot higher if it were not for energy efficiency gains already being racked up. Read more