BP Energy Review 2018

By Paul Homewood

 

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https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html

 

You are no doubt aware that global emissions of carbon dioxide climbed again last year, up by 2% from the year before, according to the latest BP Energy Review.

Since 2010, emissions have grown by 9%:

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  Increases in emissions in the US, China, India and the ROW have put reductions in Europe in the shade:

 

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It is the usual story, with increased demand for energy, up 2.9% year-on-year driving emissions.

Growth in renewable capacity cannot even keep up with increased demand, never mind replace fossil fuels, which continue to grow.

 

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As a result, renewable energy is still making a negligible contribution to energy demand:

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Regionally, we can see how important fossil fuels still remain throughout the world:

 

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And contrary to the misinformation often peddled by green activists, the UK is leading the way in deployment of wind and solar power.

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Finally, it is worth taking a look at cobalt and lithium prices, that have been rocketing in the last couple of years:

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June 14, 2019 at 12:27PM

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