BP have just released their latest annual energy outlook report. Predictions for liquid fossil demand is dire.

“Low carbon transition leads to a fundamental shift in the global energy system”

Peak oil demand was in 2019 at 100 million barrels per day. “Demand for oil falls over the next 30 years”

“The scale and pace of this decline is driven by the increasing efficiency and electrification of road transportation.”

https://www.bp.com/en/global/corporate/energy-economics/energy-outlook.html

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