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The Outlook for Energy is ExxonMobil’s long-term global view of energy demand and supply. Its findings help guide ExxonMobil's long-term investments, and we share the Outlook to help promote better understanding of the issues shaping the world’s energy future. Updated each year, this edition covers the period to 2040.

Introduction

The Outlook for Energy is our long-term global view of energy demand and supply.

Fundamentals

By 2040, world population is expected to reach 9.1 billion, up from 7.3 billion today.

Demand

Global demand for energy is expected to climb about 25 percent by 2040, and would soar significantly higher – closer to a 100 percent increase – but for anticipated efficiency gains across the economy.

Lowering emissions

The challenge of providing the energy supplies that power the global economy is coupled with the need to do so in ways that reduce energy-related greenhouse gas emissions and mitigate the risk of climate change.

Supply

The global energy supply mix will shift over the next two-and-a-half decades.

Energy matters

With more people using energy to improve their lives, we estimate that global energy demand will be 25 percent higher in 2040 than it was in 2014.

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