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The Outlook for Energy is ExxonMobil’s global view of energy demand and supply through 2040. The Outlook for Energy is ExxonMobil’s global view of energy demand and supply through 2040. We use the data and findings in the book to help guide our long-term investments. It also highlights the dual challenge of ensuring the world has access to affordable and reliable energy supplies while reducing emissions to address the risk of climate change. We share the Outlook with the public to help promote a better understanding of the issues shaping the world’s energy needs.

Fundamentals

What will the world’s energy picture look like in the future?
To find the answer, start by studying the world’s long-term demographic and economic trends. By 2040, world population is expected to reach 9.1 billion, up from 7.3 billion today.

Demand

Global demand for energy is expected to climb about 25 percent by 2040, and would soar significantly higher – closer to a 100 percent increase – but for anticipated efficiency gains across the economy.

Lowering emissions

The challenge of providing the energy supplies that power the global economy is coupled with the need to do so in ways that reduce energy-related greenhouse gas emissions and mitigate the risk of climate change.

Supply

What resources will be available to meet the world’s increasing demand for more energy?

Energy matters

With more people using energy to improve their lives, we estimate that global energy demand will be about 25 percent higher in 2040 than it was in 2015.

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