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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

BP predicts global oil demand will peak in 2025, bringing to end rising emissions

An idle oil pumping unit is silhouetted against the setting sun in a field south of Oakley, Kansas
BP’s outlook report predicts oil use will increase by about 2m barrels a day to peak at about 102m in 2025 across both of its forecasts. Photograph: Charlie Riedel/AP

BP has predicted that the world’s demand for oil will peak next year, bringing an end to rising global carbon emissions by the mid-2020s amid a surge in wind and solar power.

The energy company’s influential outlook report has found that oil use will increase by about 2m barrels a day to peak at about 102m in 2025 across both of its forecasts.

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