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A fossil fuel demand peak is fast approaching, but will it come soon enough?

Michael Holder
Michael Holder
clock 14 January 2021 •
McKinsey expects oil demand to peak in 2029 if current trends continue
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McKinsey expects oil demand to peak in 2029 if current trends continue

A new report from McKinsey predicts global fossil fuel demand 'will never return to its pre-pandemic growth curve', but warns the world is still on track to badly miss its climate goals

The impact of the coronavirus crisis on the fossil fuel industry is set to bring forward the expected peak in global demand for oil and gas, according to fresh projections from McKinsey & Company, which...

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