BP chief economist sees renewables, gas global market shares growing

Renewable energy and natural gas appear likely to see their global market shares grow the most through 2040, BP Chief Economist Spencer Dale told a Washington audience. But large investments still will be needed to produce more oil and gas as demand climbs more quickly in economically developing countries, Dale said during a Feb. 27 presentation of BP’s 2019 Global Energy Outlook at the Center for Strategic and International Studies.

Source: News