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IEA's New Forecast: Oil Demand Rises 13% by 2050 on Slower EV Adoption
Youtube· 2025-11-12 10:49
Group 1: Oil Demand and Consumption - The International Energy Agency (IEA) projects that oil consumption will rise by 13% by the middle of the century if current trends continue, contradicting predictions of a peak in oil and gas consumption [1] - The IEA has shifted its focus from a current policy scenario to more drastic climate action scenarios, reflecting changing political attitudes towards climate change [1] Group 2: Oil Supply Dynamics - There is an ample supply of oil globally, which contributes to the continued rise in oil demand in the short and medium term due to its relative abundance and low cost [2] - The transition to electric vehicles may not occur as rapidly as previously anticipated, as indicated by the IEA [2] Group 3: Electricity Prices and Market Conditions - Rising electricity prices in many regions are driven by increased demand from electrification, artificial intelligence, and electric vehicles [3] - An oversupply in the oil market is keeping gasoline and diesel prices relatively low compared to historical standards [3]
X @The Economist
The Economist· 2025-11-12 08:20
As and when China moves away from cleaner coal to less coal, further warming can be expected. But this is not an argument for keeping the fossil fuel https://t.co/o1XrHLmLx3 ...
X @Bloomberg
Bloomberg· 2025-11-11 22:41
California Governor Gavin Newsom swept into the COP30 climate summit in Brazil with all the fanfare of a head of state https://t.co/NUgya17zjH ...
X @Bloomberg
Bloomberg· 2025-11-11 16:31
Government Spending & Climate Change - Most governments lack a clear understanding of their climate change expenditure [1] - Governments are ill-prepared to manage the escalating impacts of climate change [1]
X @Bloomberg
Bloomberg· 2025-11-11 15:39
RT Bloomberg Live (@BloombergLive)ICYMI: “We are together to show the potential Brazil has in being a green powerhouse.”@Nestle Brazil’s Barbara Sapunar reflects on the takeaways from the COP30 climate summit in Brazil. #BloombergGreen #COP30.⏯️https://t.co/bed8Ojwmlm https://t.co/nX19kJ06qT ...
X @Bloomberg
Bloomberg· 2025-11-11 11:12
Today’s Green Daily newsletter unpacks the risks developing countries face as the atmosphere destabilizes and how that plays into discussions at the COP30 climate summit in Belem https://t.co/MEId1Z8UXN ...
X @Bloomberg
Bloomberg· 2025-11-11 09:15
Delegates from nearly 200 countries have gathered in Brazil for the UN's COP30 climate conference. Here are the key players https://t.co/Ei3Jbc5gDJ ...
X @The Economist
The Economist· 2025-11-11 05:20
Environmental Concerns - Air pollution is a significant issue in the country [1] - Solving air pollution may lead to increased temperatures [1]
X @Bloomberg
Bloomberg· 2025-11-11 00:20
A drop in Chinese carbon emissions in September suggests this year could still see an annual decline, according to the Centre for Research on Energy and Clean Air, in what would be a global climate turning point https://t.co/J3CObiEWgb ...
Can we save the ocean using artificial intelligence? | Jason Meads | TEDxVezins
TEDx Talks· 2025-11-10 17:35
[Music] [Applause] We live on a water planet. 73% of the surface of our planet is the sea. On average, it's 4,000 m deep.And at its deepest point, it's 2 kilometers deeper than Mount Everest is high. And it gives us 98% of the habitable area on the planet. And if you think about it, it's really obvious.On land, it's pretty two-dimensional. Most creatures live on the surface, but in the sea, everything happens under the surface. And in every real sense, the sea is the planet.And you might ask, what does the ...