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Global energy demand to 2030<br />

Technical advances in efficiency and renewables critical, yet oil and gas<br />

will continue to supply about 60% of the world’s energy needs<br />

Primary energy<br />

Quadrillion BTUs<br />

700<br />

600<br />

500<br />

400<br />

Renewables<br />

Nuclear<br />

Coal<br />

90<br />

• Economic progress driving<br />

global energy demand<br />

• <strong>Oil</strong> and natural gas are<br />

60<br />

indispensable<br />

300<br />

Gas<br />

200<br />

100<br />

<strong>Oil</strong><br />

0<br />

1980 2005 2030<br />

• Requirements to meet rising<br />

demand: 30<br />

– Expand supply<br />

– Increase efficiency<br />

– Technology mitigate emissions<br />

0<br />

1980 2005<br />

– Huge investment

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