BP CEO Speech – Renewables to Grow Over 1,000% but Greenhouse Gas Emissions to Rise 28% by 2030
BP’s Energy Outlook 2030 projects that demand for energy will grow by around 40% over the next two decades. That’s like adding one more China and one more US to the world’s energy demand by 2030. Nearly all of that growth – 96% in fact – is expected to come from the emerging economies with more than half coming from China and India alone. By 2030, 30% of cars will be hybrids. Renewable energy will grow over 1,000%.