BP: Global oil demand may have passed peak, Three scenarios to explore the energy transition to 2050

Hellenic Shipping News | Sep 15, 2020 at 2:00 AM
  • The scenarios are not predictions of what is likely to happen or what bp would like to happen.
  • ‎ The Business-as-usual Scenario (BAU) assumes that government policies, technologies and social ‎preferences continue to evolve in a manner and speed seen over the recent past*.
  • The energy transition in Rapid means that for much of the next 20 years ‎the global fuel mix is far more diversified than previously seen, with oil, natural gas, renewables and ‎coal (for a time) all providing material shares of world energy.