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OPEC Sees No Peak In Global Oil Demand On The Horizon
In its 2023 annual report, OPEC forecasts demand for crude to reach 116 million barrels per day by 2045 under its main scenario, a 16.5 percent increase from the 99.4 in 2022.
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Mineral requirements for clean energy transitions.
According to the International Energy Agency (IEA), renewable and green energy systems require enormous amounts of metals and other minerals. To meet the World’s already inadequate CO2 emissions reduction pledges, we would need hundreds of new mines by 2030.