Expert Advice: Beware of “Carbon Humanitarianism”

January 28, 2015 • Daily Email Recap

Excerpt: Carbon Counterattack  — How Big Oil Is Responding to the Anti-Carbon Moment

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No Growth Without Us…

The cornerstone of the Exxon report is its claims that ever-increasing supplies of energy are needed to sustain economic growth and ensure human betterment, and that fossil fuels alone exist in sufficient quantity (and at affordable enough prices) to satisfy rising international demand.  “Forecasting long-term energy trends begins with a simple fact: people need energy,” the report asserts.  “Over the next few decades, population and income growth — and an unprecedented expansion of the global middle class — are expected to create new demands for energy.”

Some of this added energy, Exxon acknowledges, will come from nuclear and renewable energy.  Most, however, will have to come from fossil fuels.  All told, the Outlook estimates, the world will need 35% more energy in 2040 than it does today.  That would mean adding an additional 191 quadrillion British thermal units (BTUs) to global supplies over and above the 526 quadrillion BTUs consumed in 2010.  A small percentage of those added BTUs, about 12%, will come from renewables, but the vast majority — estimated by Exxon at 67% — will be provided by fossil fuels.

Without fossil fuels, this argument holds, there can be no economic growth.

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Current World Population


Net Growth During Your Visit