For the first time since the industrial revolution the world is moving into an era without a dominant energy source. That’s the assertion of global oil giant BP, which is also offering a reality check on the notion of peak oil. The company’s general manager of global energy markets and US economics, Mark Finley, is adamant that natural gas, coal and oil will all scrap for the top spot over the next two decades. The assertion comes on the back of a January release of BP’s latest 2035 energy market outlook, which highlighted a convergence of the fuels at the top of the energy tree in 20 years’ time. BP’s peak oil rejection Source: BP Energy Market Outlook 2035. “We’ve never seen this before,” Finley explains of the fight for the top spot during a recent speech at Columbia University in New York. “Personally, I think it poses some […]
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