{"id":285906,"date":"2023-10-31T12:47:17","date_gmt":"2023-10-31T11:47:17","guid":{"rendered":"https:\/\/climatescience.press\/?p=285906"},"modified":"2023-10-31T12:47:20","modified_gmt":"2023-10-31T11:47:20","slug":"global-demand-for-carbon-fuels-to-hit-record-high-in-2024","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=285906","title":{"rendered":"Global Demand for Carbon Fuels to Hit Record High in\u00a02024"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"470\" data-attachment-id=\"285915\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=285915\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?fit=4800%2C3123&amp;ssl=1\" data-orig-size=\"4800,3123\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"0iStock_000071434881_Full\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?fit=723%2C470&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?resize=723%2C470&#038;ssl=1\" alt=\"\" class=\"wp-image-285915\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?resize=1024%2C666&amp;ssl=1 1024w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?resize=300%2C195&amp;ssl=1 300w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?resize=768%2C500&amp;ssl=1 768w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?resize=1536%2C999&amp;ssl=1 1536w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?resize=2048%2C1332&amp;ssl=1 2048w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?resize=1200%2C781&amp;ssl=1 1200w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?w=1446&amp;ssl=1 1446w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?w=2169&amp;ssl=1 2169w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>A new report from the Economist Intelligence Unit shows global energy consumption rising by 1.8% in 2024, hitting a new record high. Despite high prices and supply disruptions, the report shows crude oil and natural gas demand climbing in 2024. Demand for renewable energy is also expected to rise in 2024, climbing by 11%.<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"542\" data-attachment-id=\"285917\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=285917\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?fit=1200%2C900&amp;ssl=1\" data-orig-size=\"1200,900\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"00img_9929\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?fit=723%2C542&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?resize=723%2C542&#038;ssl=1\" alt=\"\" class=\"wp-image-285917\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?resize=768%2C576&amp;ssl=1 768w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?resize=800%2C600&amp;ssl=1 800w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?resize=600%2C450&amp;ssl=1 600w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?resize=400%2C300&amp;ssl=1 400w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?resize=200%2C150&amp;ssl=1 200w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/00img_9929.jpg?w=1200&amp;ssl=1 1200w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">From <a href=\"http:\/\/rclutz.com\/\">Science Matters<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00a0By\u00a0<a href=\"https:\/\/rclutz.com\/author\/ronaldrc\/\">Ron Clutz<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"718\" height=\"300\" data-attachment-id=\"285907\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=285907\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-863.png?fit=718%2C300&amp;ssl=1\" data-orig-size=\"718,300\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image-863\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-863.png?fit=718%2C300&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-863.png?resize=718%2C300&#038;ssl=1\" alt=\"\" class=\"wp-image-285907\" style=\"width:760px;height:auto\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-863.png?w=718&amp;ssl=1 718w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-863.png?resize=300%2C125&amp;ssl=1 300w\" sizes=\"auto, (max-width: 718px) 100vw, 718px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/oilprice.com\/Energy\/Energy-General\/Global-Fossil-Fuel-Demand-Set-To-Hit-Record-High-In-2024.html\"><strong>Tsvetana Paraskova writes at Oil Price<\/strong><\/a>&nbsp; &nbsp;Excerpts in italics with my bolds.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>A new report from the Economist Intelligence Unit shows&nbsp;<strong>global energy consumption rising<\/strong>&nbsp;by 1.8% in 2024, hitting a new record high.<\/em><\/li>\n\n\n\n<li><em>Despite high prices and supply disruptions, the report shows&nbsp;<strong>crude oil and natural gas demand climbing<\/strong>&nbsp;in 2024.<\/em><\/li>\n\n\n\n<li><em><strong>Demand for renewable energy<\/strong>&nbsp;is also expected<strong>&nbsp;to rise<\/strong>&nbsp;in 2024, climbing by 11%<\/em><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Global energy and fossil fuel consumption<\/strong>&nbsp;is set&nbsp;<strong>to defy wars and high prices<\/strong>&nbsp;and hit a record high level in 2024, led by strong Asian demand, the<strong>&nbsp;Economist Intelligence Unit<\/strong>&nbsp;said in a&nbsp;<strong><a href=\"https:\/\/www.eiu.com\/n\/campaigns\/energy-in-2024\" target=\"_blank\" rel=\"noreferrer noopener\">new report<\/a>&nbsp;<\/strong>on Wednesday.&nbsp; Next year, global energy consumption is expected to increase by 1.8%, according to the EIU report. &nbsp;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>\u201cDespite still-high prices and unsolved supply chain disruptions<\/strong>, demand for fossil fuels will reach record levels, but demand for renewable energy will rise by 11%,\u201d the authors of the report wrote.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Oil demand<\/strong>&nbsp;alone is expected to&nbsp;<strong>increase by 1.7%<\/strong>&nbsp;next year, per the report.&nbsp;<strong>Natural gas demand<\/strong>&nbsp;is set for&nbsp;<strong>2.2% growth<\/strong>,<strong>&nbsp;led by Asia and the Middle East,<\/strong>&nbsp;while&nbsp;<strong>Europe<\/strong>&nbsp;will continue to see&nbsp;<strong>depressed demand<\/strong>&nbsp;as it looks to save gas and energy.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Renewable capacity additions<\/strong>&nbsp;are set for a record high this year at around 400 gigawatts (GW) and will continue to rise in 2024, according to the report.<\/em>&nbsp;[Note that electricity generated is much lower than capacity ratings.]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Global&nbsp;<strong>oil demand<\/strong>&nbsp;is set to<strong>&nbsp;rise by 2.4 million<\/strong>&nbsp;barrels per day<strong>&nbsp;(bpd)<\/strong>&nbsp;to a new record-high&nbsp;<strong>this year<\/strong>&nbsp;and by another<strong>&nbsp;2.2 million bpd next year<\/strong>&nbsp;amid an&nbsp;<strong>improving Chinese economy,<\/strong>&nbsp;<strong>OPEC<\/strong>&nbsp;said in its latest monthly&nbsp;<strong>report<\/strong>&nbsp;earlier in October, leaving its demand forecast for both 2023 and 2024 unchanged, despite fears of slowing economies and demand destruction. World oil demand is set&nbsp;<strong>to reach a record average of 102.1 million bpd in 2023<\/strong>, driven by a 2.3-million-bpd demand increase in the non-OECD region, OPEC noted.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Coal demand<\/strong>\u00a0globally is also expected<strong>\u00a0to remain at record-high levels<\/strong>\u00a0this year, said none other than the International Energy Agency<strong>\u00a0(IEA)<\/strong>\u00a0earlier this year.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"511\" data-attachment-id=\"285909\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=285909\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?fit=1754%2C1240&amp;ssl=1\" data-orig-size=\"1754,1240\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image-864\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?fit=723%2C511&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?resize=723%2C511&#038;ssl=1\" alt=\"\" class=\"wp-image-285909\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?resize=1024%2C724&amp;ssl=1 1024w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?resize=300%2C212&amp;ssl=1 300w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?resize=768%2C543&amp;ssl=1 768w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?resize=1536%2C1086&amp;ssl=1 1536w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?resize=1200%2C848&amp;ssl=1 1200w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?w=1754&amp;ssl=1 1754w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-864.png?w=1446&amp;ssl=1 1446w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>IEA Tries Self Fulfilling Prophecy Against Carbon Fuels<\/strong><\/h5>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/oilprice.com\/Energy\/Energy-General\/The-IEA-Reiterates-Its-Peak-Oil-Demand-Prediction.html\">The IEA Reiterates Its Peak Oil Demand Prediction<\/a>&nbsp;by Irina Slav.&nbsp;&nbsp;<\/strong>Excerpts in italics with my bolds.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>In its latest World Energy Outlook, the International Energy Agency has reiterated its&nbsp;<strong>claim that crude oil, natural gas, and coal will peak before 2030.<\/strong><\/em><\/li>\n\n\n\n<li><em>The agency sees the emergence of a new&nbsp;<strong>clean energy economy<\/strong>&nbsp;as providing&nbsp;<strong>hope<\/strong>&nbsp;for the way forward, emphasizing the economic case for clean energy technologies.<\/em><\/li>\n\n\n\n<li><em>The report focuses on the<strong>&nbsp;importance of resilience and energy security<\/strong>, particularly due to the geopolitical developments currently disrupting energy markets.<\/em><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Demand for oil, natural gas, and coal is set to peak before 2030, which<strong>&nbsp;undermines the case for increasing investment in fossil fuels<\/strong>.&nbsp; This is one of the outtakes from the International Energy Agency\u2019s World Energy Outlook, released earlier today.&nbsp;&nbsp;<strong>While the agency does admit that investment in fossil fuels will remain necessary, it claims the growth era is over.<\/strong><\/em><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#cf2e2e\" class=\"has-inline-color\">Last month, the agency\u2019s head, Fatih Birol, wrote in an op-ed that<br>oil, gas, and coal demand were all going to peak before 2030<br>thanks to the increase in EV adoption and slower Chinese GDP growth.<\/mark><\/strong><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>According to the<strong>&nbsp;IEA, \u201cThe economic case for mature clean energy technologies is strong\u201d<\/strong>&nbsp;and energy security is an increasingly important consideration, too.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cIn 2020, one in 25 cars sold was electric; in 2023, this is now one in 5,\u201d the report also said as part of its\u00a0<strong>case for EVs.<\/strong>\u00a0<strong>However, an EV sales database<\/strong>\u00a0reveals that for the first half of this year, sales of\u00a0<strong>battery electric vehicles, the true EVs, only represented a tenth of total sales<\/strong>. Combined with plug-in hybrids, EV sales accounted for 14.1% of total sales.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"723\" height=\"511\" data-attachment-id=\"285911\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=285911\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-865.png?fit=1500%2C1060&amp;ssl=1\" data-orig-size=\"1500,1060\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image-865\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-865.png?fit=723%2C511&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-865.png?resize=723%2C511&#038;ssl=1\" alt=\"\" class=\"wp-image-285911\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-865.png?resize=1024%2C724&amp;ssl=1 1024w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-865.png?resize=300%2C212&amp;ssl=1 300w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-865.png?resize=768%2C543&amp;ssl=1 768w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-865.png?resize=1200%2C848&amp;ssl=1 1200w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-865.png?w=1500&amp;ssl=1 1500w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-865.png?w=1446&amp;ssl=1 1446w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/figure>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>OPEC Takes a Different View<\/strong><\/h5>\n\n\n\n<p class=\"wp-block-paragraph\"><em>When Birol first mentioned peak oil, gas, and coal, he prompted an immediate reaction from&nbsp;<strong>OPEC<\/strong>, which&nbsp;<strong>slammed the head of the IEA for making unwise predictions<\/strong>&nbsp;that could threaten the world\u2019s energy supply security.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201c<strong>Such narratives only set the global energy system up to fail spectacularly.<\/strong>&nbsp;It would lead to energy chaos on a potentially unprecedented scale, with<strong>&nbsp;dire consequences for economies and billions of people<\/strong>&nbsp;across the world,\u201d OPEC secretary-general Haitham al-Ghais said in September.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>The release of the World Energy Outlook may now prompt a similar response from\u00a0<strong>OPEC<\/strong>, which<strong>\u00a0forecast recently that demand for oil is going to continue rising at least until 2045.<\/strong><\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"488\" height=\"414\" data-attachment-id=\"285912\" data-permalink=\"https:\/\/climatescience.press\/?attachment_id=285912\" data-orig-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-866.png?fit=488%2C414&amp;ssl=1\" data-orig-size=\"488,414\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image-866\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-866.png?fit=488%2C414&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-866.png?resize=488%2C414&#038;ssl=1\" alt=\"\" class=\"wp-image-285912\" style=\"width:760px;height:auto\" srcset=\"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-866.png?w=488&amp;ssl=1 488w, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/image-866.png?resize=300%2C255&amp;ssl=1 300w\" sizes=\"auto, (max-width: 488px) 100vw, 488px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new report from the Economist Intelligence Unit shows global energy consumption rising by 1.8% in 2024, hitting a new record high. Despite high prices and supply disruptions, the report shows crude oil and natural gas demand climbing in 2024. Demand for renewable energy is also expected to rise in 2024, climbing by 11%. From [&hellip;]<\/p>\n","protected":false},"author":121246920,"featured_media":285915,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"A new report from the Economist Intelligence Unit shows global energy consumption rising by 1.8% in 2024, hitting a new record high. Despite high prices and supply disruptions, the report shows crude oil and natural gas demand climbing in 2024. Demand for","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691824135,691824137,691822760,691818376,691824136],"class_list":{"0":"post-285906","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-carbon-fuels","9":"tag-chinese-economy","10":"tag-crude-oil","11":"tag-natural-gas","12":"tag-record-high","14":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/10\/0iStock_000071434881_Full.webp?fit=4800%2C3123&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1cno","jetpack-related-posts":[{"id":253092,"url":"https:\/\/climatescience.press\/?p=253092","url_meta":{"origin":285906,"position":0},"title":"Energy Doublethink Update April 14, 2023","author":"uwe.roland.gross","date":"04\/15\/2023","format":false,"excerpt":"First from the Zero Carbon zealots at Resilience\u00a0Record clean-power growth in 2023 to spark \u2018new era\u2019 of fossil fuel decline.\u00a0 Excerpts in italics with my bolds and added images.","rel":"","context":"In \"CO2\"","block_context":{"text":"CO2","link":"https:\/\/climatescience.press\/?tag=co2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/04\/0an-offshore-drilling-rig-at-sunset.webp?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/04\/0an-offshore-drilling-rig-at-sunset.webp?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/04\/0an-offshore-drilling-rig-at-sunset.webp?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/04\/0an-offshore-drilling-rig-at-sunset.webp?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/04\/0an-offshore-drilling-rig-at-sunset.webp?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":440070,"url":"https:\/\/climatescience.press\/?p=440070","url_meta":{"origin":285906,"position":1},"title":"New Yorkers Face $6-a-Gallon Gas Nightmare Thanks to Albany\u2019s Climate Law","author":"uwe.roland.gross","date":"04\/17\/2026","format":false,"excerpt":"As of mid-April 2026, New York\u2019s average price for regular gasoline is around $4.10\u2013$4.18 per gallon, varying slightly by source (AAA, EIA, NYSERDA data) and higher in the NYC metro area. 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