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Global Oil Demand to Peak Next Year, BP Predicts

  • EcoWatch faviconEcoWatch

    By Cristen Hemingway JaynesJul 11, 2024, 5:10 pm266 pts
    photo of Global Oil Demand to Peak Next Year, BP Predicts imageOil and gas company BP’s Energy Outlook: 2024 Edition has predicted that peak global oil demand will occur next year, putting a stop to increasing carbon emissions as solar and wind continue to expand. The report focused on two main forecast scenarios — Current Trajectory and Net Zero — and predicted that…
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