Energy: Fossil fuels - can supply meet future demand?

Giant tanks filled with petrol and crude oil           (photo:dpa)
Giant tanks filled with petrol and crude oil (photo:dpa)

Oil, coal and natural gas are likely to be the world’s primary source of energy for the next two decades – but what is the long-term global outlook for these fossil fuels? GIS expert Dr Carole Nakhle explains.

FOSSIL fuels - oil, natural gas and coal - represent around 80 per cent of today’s primary sources of energy worldwide.

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They are likely to maintain their dominant position for the next 20 years – making up about 74 per cent of total primary sources of energy by 2035.

OIL

The oil market is global but its unique feature, compared to other fuels, is the presence of a cartel.

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