The presentation addresses trends in energy consumption, sectoral demand for energy and impact of energy usage on climate change. Dr. Arya works for IHS Marketing whose projection over the next 30 years shows plateauing of oil demand, as alternative transportation sources gain market share. According to this forecast coal demand declines gradually, natural gas use grows strongly, replacing oil and coal in all sectors and renewables gain an important share of the global market.
IHS Marketing also projects rapid improvement is renewable cost, global cooperation for climate and environmental policy and changing consumer preferences drive greater conservation and changing demand for various energy resources. The presentation also addresses India’s energy use, trends, and outlook over the next 30 years. You can access the full presentation here.