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_NEW: follow the development of the new web-presence wolframscharnhorst.blogspot.com reprint Global demand for energy is expected to rise by 37% from 2013 to 2035, or by an average of 1.4%/year, due in large part to ongoing economic expansion in Asia, particularly in China and India, according to the latest BP Energy Outlook 2035. Demand for oil is projected to increase 0.8%/year to 2035, coming entirely from countries outside of the Organization for Economic Cooperation and Development. Oil consumption within OECD peaked in 2005 and by 2035 is expected to have fallen to levels not seen since 1986. China by 2035 is likely to have overtaken the US as the world’s largest single consumer of oil. The recent worldwide rise in oil supply stemming in large part from strong growth in tight-oil production in the US , meanwhile, is likely to take several years to work through, BP indicates in its outlook. Tight-oil production in 2014 drove overall US oil output higher...

-- a _kt75 | reprint _download the Background: Inside Sustainability: Facts, Figures, Bullshit - Part II: Alternative Energy and other _kt75 | publications China’s continuing drive to reduce the share of coal in the nation’s energy mix is boosting the prospects for natural gas and renewable energy sources, according to analysis just published by IHS Energy Insight. Beijing-based analyst Olivia Boyd comments that while the 2014 energy targets and policy priorities recently announced by the National Energy Administration (NEA) “do not contain any significant deviations from past policy announcements” they do “in some cases reflect an intensification of previously announced targets”. One example of this intensification is the target to reduce the share of coal in the energy mix from 67% in 2012 to 65% in 2014. This, says Boyd, “represents an acceleration of previous plans, which envisioned coal coming down to 65% of total energy consumption by 2015”. Reducing coal co...