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Bp oil reserves report
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Bp oil reserves report


Date:18.05.2016, 10:51 Such methods are helping the United States, for example, to achieve energy independence. But that wont apply to China, a huge customer for fossil fuels. BP says Asia-Pacific oil reserves will last only 14 years at current rates. That is three times the emissions compatible with a 2C limit on temperature rise. Despite that evidence, BP forecasts a 37 rise in global energy demand by 2035, of which two thirds will be met by fossil fuels. Shell, Total and Saudi Aramco are also involved in the initiative to play a role in the UN summit in Paris this December. We cannot ignore the climate change issue, Total chief Patrick Pouyanne said at last weeks Oil. It's also quite a bit more optimistic than the U.S. Energy Information Administration, which recently increased its estimate to 33.4 billion barrels of reserves, or 15 more than previously thought. The overall cause for that surge in oil reserves. The latest draft of a Paris agreement does not mention carbon pricing, leaving it as a matter for national and regional governments. But the idea is winning support outside the UN process, from economists, business leaders and multinational development.
Bp oil reserves report


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