Axios: "The Case Against Imminent Peak Oil Demand"

An article that debates the timing of peak oil demand cites RFF's 2023 Global Energy Outlook.

View on Axios website

Date

Aug. 24, 2023

News Type

Media Highlight

Source

Axios

The other side: There's no consensus, but some analysts call the late 2020s or early 2030s very possible.

For instance, the International Energy Agency recently projected demand growth will slow "markedly" in the next few years, with a peak "in sight before the end of this decade."

Of note: Think tank Resources For the Future does yeoman's work in comparing what various analysts project.

Topics

Related Content

Report — Mar 28, 2023

Global Energy Outlook 2023: Sowing the Seeds of an Energy Transition

RFF's annual Global Energy Outlook report examines a range of projections for the global energy system, summarizing key implications for global energy consumption, emissions, and geopolitics.

Common Resources — Dec 17, 2024

Reflections from a First-Time Attendee at the World’s Largest Climate Conference

Read on for an insider’s perspective from a first-time attendee at the world’s largest conference on climate change, which took place in late November in Azerbaijan.

In Focus — Dec 11, 2024

In Focus: Climate and Trade Policy at COP29

This video shares insights from discussions at the 29th Conference of the Parties (COP29) about international trade and climate policy, with RFF Senior Research Analyst Katarina Nehrkorn.

Working Paper — Dec 10, 2024

Climate Clubs, Competitiveness Concerns, and Alternative Correction Measures

In this working paper, the authors explore how ambitious climate goals impact costs and competitiveness for countries in a climate club, looking at how tax rebates and carbon border adjustments play out in different club setups.