Everything News Jobs Opportunities Events Products/Services
Go to Home
Sign Up Sign in

The Low Carbon Economy Ltd

20 Jan 2011 10:01:09

BP: Carbon emissions will peak after 2020

BP: Carbon emissions will peak after 2020
Global carbon emissions are set to peak just after 2020, despite the reduction targets set by a number of individual nations, a new analysis by BP predicts.

In its Energy Outlook to 2030, the company said by 2020 emissions will be 20 percent higher than 2005 levels, although renewables will gradually contribute more to the mix.

According to the outlook, under the most likely scenario, energy demand is to increase by nearly 40 percent over the next 20 years, with much of this coming from countries outside the Organisation for Economic Cooperation and Development.

However, energy intensity, measured by economic output per unit of energy, is set to improve and non-fossil fuels are expected to significantly contribute to the growth in supply.

Christof Rühl from BP commented: "The key focus of the policy case is to reduce dependence on carbon intensive fuels. This can be achieved through a wide range of policy instruments, including various ways of putting a price on carbon."

The analysis comes shortly after Bloomberg New Energy Finance revealed investment in green energy reached record levels in 2010, doubling the levels seen in 2006.  ADNFCR-1235-ID-800353675-ADNFCR

Discussion Thread  


The Low Carbon Economy Ltd Community

Related Items From Everyone

  1. The Space Air Daikin Altherma range of highly efficient air source, air to water, heat pump...

    30 Jul 2012
  2. London's low carbon economy could be boosted by the 22 million tonnes of rubbish the city...

    30 Oct 2009
  3. Major railway stations could become Cycling Hubs to increase the number of rail pssengers that...

  4. A Welsh family has adopted several technologies to generate heat and power for their 160-acre...

    04 Apr 2008

Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback


We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.