Source link : https://tech365.info/peak-oil-is-not-lifeless-reviewing-the-ieas-world-power-outlook-for-2025-cleantechnica/
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A month in the past, media all around the web went loopy repeating the next headline (or an identical one) again and again:
“IEA scraps Peak Oil, says oil demand will continue growing until 2050.”
All this oil-positive hype was a results of the IEA’s World Power Outlook for 2025. This report was revealed again in November, and, in contrast to the earlier report from 2024, included one forecast during which oil demand was not anticipated to peak earlier than 2030, rising as a substitute by means of 2050, one thing that has after all been utilized by oil advocates to say that the mere idea of “Peak Oil Demand” (of which we spoke in additional element on this article) is now lifeless.
Actuality, as all the time, is extra complicated than that. Let’s dive deeper into the IEA’s report and what it actually means.
Politics, forecasts, and eventualities
Let’s be blunt right here: as a lot of our readers absolutely know, this was before everything a results of political stress. The US authorities is a considerable supply of funds for the IEA, and Donald Trump’s authorities, due to this fact, has the means to stress this establishment into together with completely different forecasts underneath completely different assumptions. On this case, what led to this “oil positive” forecast was the re-introduction of the “Current Policies” (CPS) situation, a forecast that principally…
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Author : tech365
Publish date : 2025-12-23 08:30:00
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