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Low Carbon Comment on McKinsey Oil Figures

2016-06-09 17:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: McKinsey Energy Insights, a network of McKinsey & Company, has published figures that show the demand for oil is likely to peak in 2030 and then decline until 2050. Low Carbon, a renewable energy investment fund, has responded, urging the UK to make a more positive investment in renewable energy technologies. Low Carbon say renewables are an attractive alternative to fossil fuels. Louise Ward, Director of Investor Relations at Low Carbon, said: These predictions reinforce the fact that the...

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