OPEC projects long-term growth for oil and gas, sharp decline for coal
Photo: Ministry of Energy of the Republic of Kazakhstan
Global demand for oil and gas is set to rise significantly by 2050, reaffirming their role as the backbone of the world’s energy system, according to OPEC’s latest long-term energy outlook. In contrast, coal demand is projected to decline sharply, as climate policies and cleaner alternatives reshape the energy landscape.
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