The green policies are having a huge impact on oil consumption. US consumption is actually down since 2005, even with a significantly larger population. Decreased consumption is part of the reason we are energy independent right now.
Global oil demand is forecast to peak in the 2030s, so you’re right that it’s not right around the corner. But we will probably transition away from fossil fuels in my lifetime. Certainly in the US, but probably worldwide as well.
minilip30 t1_j5vlw78 wrote
Reply to comment by kmr9600 in Danske Bank Quits New Fossil Fuel Financing by echosayswhat
The green policies are having a huge impact on oil consumption. US consumption is actually down since 2005, even with a significantly larger population. Decreased consumption is part of the reason we are energy independent right now.
Global oil demand is forecast to peak in the 2030s, so you’re right that it’s not right around the corner. But we will probably transition away from fossil fuels in my lifetime. Certainly in the US, but probably worldwide as well.