The Outlook for Energy: A View to 2040 (2015)
Excerpt from ExxonMobil Press Release, December 2014
As demand increases, the world will continue to become more efficient in its energy use, according to the
2015 Outlook for Energy: A View to 2040. Without efficiency gains across economies worldwide, energy
demand from 2010 to 2040 would be headed toward a 140 percent increase instead of the 35 percent
forecast in the report.
ExxonMobil’s Outlook for Energy projects that carbon-based fuels will continue to meet about three
quarters of global energy needs through 2040, which is consistent with all credible projections, including
those made by the International Energy Agency. The outlook shows a shift toward lower-carbon fuels in
the coming decades that, in combination with efficiency gains, will lead to a gradual decline in energy=related carbon dioxide emissions.