Americas > BP raises fossil fuel demand forecast as energy transition slows

BP raises fossil fuel demand forecast as energy transition slows

Published 10:57 on July 11, 2024  /  Last updated at 10:57 on July 11, 2024  / Roy Manuell /  Americas, Asia Pacific, EMEA, International

BP has raised its oil and gas demand forecasts in a closely followed annual outlook, though still expects global CO2 emissions to peak over the next few years, with 7 billion tonnes of carbon capture needed by 2050 for the world to hit net zero.
BP has raised its oil and gas demand forecasts in a closely followed annual outlook, though still expects global CO2 emissions to peak over the next few years, with 7 billion tonnes of carbon capture needed by 2050 for the world to hit net zero.


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