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exxonmobil news_pub_eo_2009

exxonmobil news_pub_eo_2009 - Exxon Mobil Corporation...

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Outlook for Energy A View to 2030 Exxon Mobil Corporation Outlook for Energy: A View to 2030
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Table of Contents Transition to modern energy/technology 2 Our key energy challenges 6 Growing global demand 13 Global transportation demand 15 A single-cell oil well? 16 Improving today’s vehicle 18 Thinking outside the tank 20 Global industrial demand 21 Managing emissions 22 Global energy demand and supply 25 The importance of natural gas 27 Options for carbon policy 31 CO 2 emissions 32 Integrated energy solutions 34 Key findings 36 Glossary 37 This publication includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ materially due to changes in technology, the development of new supply sources, political events, demographic changes, and other factors discussed herein (and in Item 1 of ExxonMobil’s latest report on Form 10-K). This material is not to be reproduced without the permission of Exxon Mobil Corporation.
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The Outlook for Energy: A View to 2030 The Outlook for Energy: A View to 2030 1 In our Outlook for Energy – A View to 2030 , we see many hopeful things – economic recovery and growth, improved living standards and a reduction in poverty, and promising new energy technologies. But we also see a tremendous challenge: how to meet the world’s growing energy needs while also reducing the impact of energy use on the environment. As the Outlook shows, ExxonMobil expects that global energy demand in 2030 will be almost 35 percent higher than in 2005, even accounting for the recession that dampened energy demand in 2009. Other key findings include: Growth will be led by rapid expansion in non-OECD countries such as China and India, where energy usage will rise by about 65 percent. Demand will be particularly intense for electric power generation, which will comprise 40 percent of global energy demand by 2030. Oil and natural gas will remain essential, but other sources including nuclear and renewables (e.g., wind, solar and biofuels) will play an expanded role. The future of energy is directly linked to the future well-being and prosperity of the world’s people. Today, about 1.5 billion people – a quarter of the world’s population – lack access to electricity. Even more lack modern cooking and heating fuels. Expanding access to energy – and the opportunities it affords – should be a shared global goal. Our energy and environmental challenges are intertwined and their scale is enormous. Today, energy use per person around the world varies dramatically but equates to an average of 200,000 British thermal units (BTUs) a day. Globally, that translates to 15 billion BTUs every second. ExxonMobil believes that meeting future energy needs while also reducing environmental risk will require an integrated set of solutions that includes: Accelerating energy efficiency, which tempers demand and saves emissions Expanding all economic energy sources, including oil and natural gas Mitigating emissions through the use of new technologies
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