BP report: Oil is dying, long live green energy
September 14, 2020
BP stated in a forecast published today that oil may have reached its peak due to the pandemic and that renewables will take the place of fossil fuels.
BP’s report
BP has released its 2020 Energy Outlook, which is remarkably different from its 2019 report, when BP’s base case only expected oil consumption to grow over the next decade, reaching a peak in the 2030s.
The report looks at three…