Alexander Dynkin, President of the Institute of World Economy and International Relations of the Russian Academy of Sciences (IMEMO) considers there will be no sharp refusal from hydrocarbon fuel at the global level, and 2030-2035 may be the peak of demand for oil.
Vice President for Interaction with Energy Companies Position Established in the Global Energy Association
I’d like to respond to the comments to clarify some points. To make it more readable I’ll include quotes from the Tony Roulston’s commentary and insert my response.
Is the energy sector in crisis? Does the world know what to do? Thomas Blees, president of the Science Council for Global Initiative, member of the Global Energy Prize International Award Committee has answers to these questions. A very different energy transition is about to take place globally. Details are in his article.
According to William Byun, managing director at Asia Renewables waste-to-energy technology can be very profitable even in times of crisis.