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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.

Energy 252
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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Tom Wigley, and Christopher Green questioned the relevance of the reference emissions scenarios that the IPCC used in the Fourth Assessment Report to underpin estimates of future warming trends. In particular, Prentice seeks to shield Alberta’s emissions-intensive oil sands operations from the effects of emission reductions.

Climate 236