Global oil demand, CO2 emissions likely peaked in 2019


“Lasting behavioural changes to travel, commuting and working habits will also decrease energy usage and lessen demand for fossil fuels from the transport sector as well as from iron and steel production, ” DNV GL said in a statement about its research on the impact of the pandemic on oil demand and emissions.

OSLO: Global oil demand and carbon dioxide (CO2) emissions probably peaked in 2019, as the Covid-19 pandemic will have a lasting impact on both, according to energy consultancy DNV GL.

The Norway-based consultancy, which advises both petroleum and renewable energy companies on risk management and technology, said global energy use would be 8% lower in 2050 than previously expected due to the impact of the pandemic.

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oil , demand , pollution , CO2 emmisions , Norway ,

   

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