Could global coal and oil demand realistically peak as early as 2020? Yes it could, and here's why

James Murray
clock • 8 min read

Major new Carbon Tracker report argues energy companies need to shelve business as usual and recognise the disruptive power of renewables and electric cars

Why do energy companies' projections for clean tech adoption keep getting it so wrong? As BP's Energy Outlook last week quietly acknowledged, the firm's previous projections for renewables adoption...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

'Climate Chaos': World's top 65 banks committed over $900bn to fossil fuel firms in 2025

'Climate Chaos': World's top 65 banks committed over $900bn to fossil fuel firms in 2025

Financing for coal, gas and oil rose for second successive year in 2025, led by continued investment from banks in the US and Japan

Michael Holder
clock 09 June 2026 • 5 min read
FCA moves to simplify UK climate risk reporting for investment funds

FCA moves to simplify UK climate risk reporting for investment funds

UK's Financial Conduct Authority launches consultation over changes to climate risk reporting rules it estimates could save the investment management sector £20m a year

Robin Amos, Investment Week
clock 05 June 2026 • 2 min read
Railpen divests from Nestlé over governance and climate concerns

Railpen divests from Nestlé over governance and climate concerns

Pension fund manager cites 'limited transparency' around Nestlé's climate plans among several concerns as it revealed it divested its entire holding in the Swiss firm in late 2025

Holly Roach, Professional Pensions
clock 05 June 2026 • 2 min read