24 Mar '13, 1pm

Tech Talk - The ExxonMobil future - a review

It is the time of year when the major oil companies issue their predictions for the future, and h/t Art Berman, ExxonMobil just released their view of the world, looking forward to 2040. And this is downloadable . If I remember correctly, I first viewed their future projections back in 2011 , and with a 2-year step it might be more interesting to see how differences in their world view have evolved in that period. By 2040 EM anticipates that the global population will be approaching 9 billion, up by around 25% from current numbers. Of that nearly 2 billion additional folk most are expected to be born in the developing countries such as India and in Africa, with the former gaining 300 million and the latter 800 million. Because the majority of the growth occurs in these countries, and the improvement in living standards and working conditions are more energy intensive, (whe...

Full article: http://www.theoildrum.com/node/9902

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Tech Talk - The ExxonMobil future - a review

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