CleanTechnica•25 days ago
Peak Oil Is Not Dead: Reviewing the IEA’s World Energy Outlook for 2025
- •The IEA's World Energy Outlook for 2025 was widely interpreted by media as forecasting continued oil demand growth until 2050, a view this article disputes, asserting "Peak Oil Is Not Dead."
- •The ongoing debate over the timing of peak oil is critical for long-term energy planning, influencing fuel price forecasts, investment in fossil fuel infrastructure, and the economic viability of thermal assets.
- •Developers and large power consumers should critically assess long-term oil demand projections when evaluating new projects, hedging strategies, and the decarbonization pathways for their operations.
policy