The renewed upward march of global carbon emissions is worrying and a big step backwards in the fight against climate change, according to BP. Emissions rose 1.6% in 2017 after flatlining for the previous three years, which the British oil firm said was a reminder the world was not on track to hit the goals of the Paris climate deal.

The Energy Outlook considers the energy transition from three different viewpoints (sectors, regions and fuels) and by exploring a number of different scenarios.

The 2017 edition of the BP Statistical Review of World Energy, shows global energy markets continuing to undergo long-term changes as they also adapt to nearer-term price challenges.

According to this report, India’s consumption growth of fossil fuels will be the highest by 2035 and it will overtake China as the largest growth market for energy in volume terms by 2030.

The BP Statistical Review of World Energy provides high-quality objective and globally consistent data on world energy markets.

Despite current weakness in global energy markets and the slowdown in China’s growth, demand for energy will continue to grow over the next 20 years and beyond as the world economy expands and more energy is required to power the higher level of activity.

BP’s 2015 edition of its Statistical Review of World Energy highlights how significant changes in global energy production and consumption have had profound implications for prices, for the global fuel mix, and for global carbon dioxide emissions.

Despite the dramatic recent weakening in global energy markets, ongoing economic expansion in Asia – particularly in China and India – will drive continued growth in the world’s demand for energy over the next 20 years.

The Statistical Review provides comprehensive, objective and globally consistent data on world energy markets. For 63 years, the BP Statistical Review of World Energy has provided high-quality objective and globally consistent data on world energy markets.

Global energy demand continues to grow but that growth is slowing and will mainly be driven by emerging economies - led by China and India - according to the latest edition of the BP Energy Outlook 2035.

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