TotalEnergies Says Global Oil Demand On Track To Peak In 2035
Nov 4 (Reuters) -TotalEnergies SE TTEF.PA:
SAYS WORLD ON TRACK TO CONSUME 90 MILLION BARRELS OF OIL PER DAY IN 2050
SAYS POPULATION GROWTH, SLOW ELECTRIC VEHICLE SALES PUSH PEAK OIL INTO FUTURE
SAYS GLOBAL OIL DEMAND ON TRACK TO PEAK IN 2035 OR BEYOND UNDER CURRENT TRENDS
SAYS MODERATELY AMBITIOUS "MOMENTUM" SCENARIO SEES OIL DEMAND PEAK AFTER 2030
SAYS PARIS CLIMATE AGREEMENT-ALIGNED "RUPTURE" SCENARIO WOULD SEE 44 MILLION BARRELS OF OIL CONSUMPTION PER DAY IN 2050
SAYS MOMENTUM SCENARIO SEES 2050 GLOBAL OIL DEMAND AROUND 70 MILLION BARRELS PER DAY
SAYS RUPTURE SCENARIO WOULD SEE GLOBAL OIL DEMAND PEAK BEFORE 2030
SUSTAINABILITY DIRECTOR: WE HAVE ASSUMED TRUMP WOULD NOT UNDO GREEN IRA LEGISLATION IN CURRENT TRENDS SCENARIO
SUSTAINABILITY DIRECTOR: UNITED STATES WILL LEAD PACE OF GLOBAL ENERGY TRANSITION
SUSTAINABILITY DIRECTOR: UNDOING IRA WOULD REQUIRE REPUBLICAN CONTROL OF CONGRESS,WHICH POLLS SAY UNLIKELY
SUSTAINABILITY DIRECTOR: WE HAVE ASSUMED BIDEN PAUSE ON NEW LNG EXPORT PROJECTS WILL REMAIN IN CURRENT TRENDS SCENARIO
SUSTAINABILITY DIRECTOR: IRA LEGISLATION ALSO GOOD FOR US JOBS, EVEN IN REPUBLICAN STATES
Further company coverage: TTEF.PA
(Gdansk Newsroom)
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