Bulk funds transfer system and Peak demand: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
 
imported>Doug Williamson
(Classify page.)
 
Line 1: Line 1:
Also known as retail funds transfer system.
''Oil and gas.''
 
The maximum global total demand for oil and gas.
 
Peak demand has not yet been reached.
 
 
<span style="color:#4B0082">''''''Peak demand' new worry for fossil fuel producers'''''</span>
 
:"Remember 'peak oil'? ...
 
:It never happened. In the event, more and more oil and gas keeps being discovered...
 
:This has given rise to a new worry for fossil-fuel producers - 'peak demand'. Already, demand for hydrocarbons in advanced economies is beginning to fall. Rising use in the developing world ensures that, overall, global consumption should continue to grow for some years to come yet, but the peak may be much closer than generally appreciated...
 
:Renewables are very unlikely to replace hydrocarbons entirely... But we could be looking at a much swifter decline than generally imagined, with big implications for the price of oil and, therefore, the future of its main producers."
 
 
:''The Treasurer magazine, March 2017, p15 - Jeremy Warner, assistant editor of The Daily Telegraph.''




== See also ==
== See also ==
* [[Retail funds transfer system]]
* [[Hydrocarbons]]
* [[OPEC]]
* [[Peak oil]]
* [[Renewables]]
 
[[Category:The_business_context]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Financial_products_and_markets]]

Latest revision as of 11:49, 25 August 2019

Oil and gas.

The maximum global total demand for oil and gas.

Peak demand has not yet been reached.


'Peak demand' new worry for fossil fuel producers

"Remember 'peak oil'? ...
It never happened. In the event, more and more oil and gas keeps being discovered...
This has given rise to a new worry for fossil-fuel producers - 'peak demand'. Already, demand for hydrocarbons in advanced economies is beginning to fall. Rising use in the developing world ensures that, overall, global consumption should continue to grow for some years to come yet, but the peak may be much closer than generally appreciated...
Renewables are very unlikely to replace hydrocarbons entirely... But we could be looking at a much swifter decline than generally imagined, with big implications for the price of oil and, therefore, the future of its main producers."


The Treasurer magazine, March 2017, p15 - Jeremy Warner, assistant editor of The Daily Telegraph.


See also