India’s peak oil demand pushed to 2040s, global timelines shift: Shell economist says, amid geopolitical tensions
“From a coal perspective, earlier we were thinking that the peak will be happening more around the late 2030s, 2040s. But obviously, it’s more and more clear that, given security being a very primary factor, 2040 to 2050 is still stable and the decline only starts happening after 2050,” Mansi Tripathy, country chair of Shell India, said, citing the latest projections.
