Exxon Projects Oil and Gas as Key Energy Sources Through 2050
Monday, 26 August 2024, 07:47
Exxon's Forecast on Oil and Gas Usage
Exxon Mobil's recent statements suggest that oil and gas will remain dominant energy sources by 2050. They project that the world will use approximately the same quantity of crude oil as today, which raises concerns about emissions reductions necessary to combat climate change.
Political and Economic Factors Affecting Energy
- Impacts of international relations on trade.
- How trade barriers influence the fossil fuels market.
Addressing these challenges is crucial for the energy sector's future, especially amidst rising political confusion and the challenges faced by integrated oil/gas corporations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.