G20 china_web
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Energy markets and access<br />
50%<br />
Increase in global energy<br />
demand by 2040<br />
Abdalla Salem<br />
El-Badri<br />
ISTOCK IMAGES<br />
the environmental credentials of oil, both<br />
in production and in use.<br />
Examples of such advances include<br />
increasing carbon capture and storage,<br />
reducing gas flaring, developing hybrid<br />
solar-gas power stations and solar-powered<br />
desalination units, and producing cleaner<br />
petroleum products. We should not forget<br />
that our countries are also investing in<br />
renewables and taking actions to advance<br />
energy efficiency across their economies.<br />
This focus will continue in the years<br />
ahead. There will be more renewables,<br />
further improvements in energy efficiency<br />
and continued investment in oil and gas. It<br />
is important to reiterate that environmental<br />
protection and the use of oil and gas are not<br />
mutually exclusive.<br />
The global population is expected to<br />
reach nine billion by 2040. Billions will<br />
have no access to electricity and many<br />
will rely on biomass for their basic needs.<br />
Global energy demand is also set to grow by<br />
almost 50% by 2040, so we cannot ignore<br />
any energy sources. Nor can we ignore<br />
any technologies that can help us use that<br />
energy in a cleaner, more efficient manner.<br />
It will be important for <strong>G20</strong> leaders at<br />
their Hangzhou Summit to keep this in mind<br />
as they look to the future. They should also<br />
remind themselves that the three pillars<br />
of sustainable development – economic,<br />
environmental and social – can mean<br />
different things to different people. <strong>G20</strong><br />
A Czech Republic petrochemical industrial plant with solar panels,<br />
2.25<br />
2.10<br />
1.95<br />
1.80<br />
Crude oil production<br />
Total, Thousand<br />
tonnes of oil equivalent<br />
2.40<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
2015<br />
Source: OECD/Extended world energy<br />
Secretary General<br />
OPEC<br />
Abdalla Salem El-Badri has<br />
been Secretary General of the<br />
Organization of the Petroleum<br />
Exporting Countries (OPEC)<br />
since 2007. In 1977, he joined<br />
the board of Libya’s Umm Al-<br />
Jawaby Oil Company, and in<br />
1980 was appointed Chair of the<br />
Waha Oil Company. He became<br />
Chair of the Libyan National<br />
Oil Company (NOC) in 1983 and<br />
Libya’s Minister of Petroleum in<br />
1990. He subsequently served as<br />
Libya’s Minister of Energy, Oil<br />
and Electricity, and Deputy Prime<br />
Minister, before returning to NOC<br />
until 2006.<br />
www.opec.org<br />
G7<strong>G20</strong>.com September 2016 • <strong>G20</strong> China: The Hangzhou Summit 211
Change language