Image:
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...
To continue reading this article...
Join BusinessGreen
- Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
- Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
- Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
- Tap into our extensive archive of exclusive articles, news, analysis and guides
- Choose from 3 paid membership levels or start a 7-day no-strings trial
