THE European Union is forecast to be the only region in the world that will see a decline in energy consumption and production to 2040, according to BP. The oil giant added that the bloc will also witness the largest decline in carbon emissions. BP predicted that the EU’s demand for energy will fall 11% by 2040, in contrast with the past 20 years, during which demand has been broadly flat. Production is forecast to decline by 5%.
The National 10th May 2018 read more »