Paris, France (AFP) – OPEC said Tuesday that phasing out oil was a “fantasy”, as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change.

“There is no peak oil demand on the horizon,” OPEC Secretary General Haitham Al Ghais said in the group’s annual World Oil Outlook, which puts demand at 120.1 million barrels per day in 2050, a 17.5 percent increase from 2023.

ngu/nal/jum/lth/cw

© Agence France-Presse

Featured image credit: kjpargeter | Freepik.com

Clock Earth - Climate
Landmark ICJ hearings into climate change openNews

Landmark ICJ hearings into climate change open

The Hague, Netherlands | AFP - The United Nations' top court kicked off unprecedented hearings Monday aimed at setting legal guidelines for how countries should…
SourceSourceDecember 2, 2024 Full article
Satellite image of Pio XI glacier, Chile
Image of the day: Pio XI glacier defies global retreat trendsNews

Image of the day: Pio XI glacier defies global retreat trends

The Pio XI glacier, nestled in Chile’s Southern Ice Field, holds the distinction of being South America’s largest glacier and a rare anomaly in the…
Muser NewsDeskMuser NewsDeskJanuary 16, 2025 Full article
Image: Greta Thunberg
Greta Thunberg fined over Swedish parliament climate protestsNews

Greta Thunberg fined over Swedish parliament climate protests

Stockholm, Sweden | AFP A Stockholm court fined climate activist Greta Thunberg on Wednesday for disobeying police orders after blocking access to Sweden's parliament during…
SourceSourceMay 8, 2024 Full article