The use of oil and gas will continue to climb for decades

.... according to a draft of the International Energy Agency’s annual report. 

IEA is again publishing its “Current Policy Scenario” — in part due to pressure from the Trump administration— showing that neither oil nor gas demand would peak this decade, contrary to the previous assumption, 

according to a half a dozen people who have reviewed a draft of the report. They all described it under condition of anonymity. The final report can still change.

The world is far, far, far off in its efforts to keep the rise in global temperatures to 1.5C above pre-industrial averages, as negotiated in the 2015 Paris climate agreement. 

If I’m right, the world is probably heading toward a disastrous 3C. 

Javier Blas Bloomberg September 11, 2025 

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.”

https://www.bloomberg.com/opinion/articles/2025-09-11/peak-fossil-fuel-demand-is-a-crumbling-myth


Solen räddar världen

https://englundmacro.blogspot.com/2025/07/solen-raddar-varlden.html


 


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