Outlook for Energy: A perspective to 2040

The 2019 Outlook for Energy is ExxonMobil’s latest view of energy demand and supply through 2040. For many years the Outlook has helped inform ExxonMobil’s long-term business strategies, investment plans and research programs.

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Energy supply

Energy supply

Energy – in all its forms – enables growth and prosperity. As economies grow, as technology advances, as consumers become more environmentally aware, and as policies adapt, global energy demand will evolve to meet changing needs.
Emissions

Emissions

Providing reliable, affordable energy to support prosperity and enhance living standards is coupled with the need to do so in ways that reduce impacts on the environment, including the risks of climate change. This is society’s dual challenge and ExxonMobil takes it seriously.

How we develop our Outlook

ExxonMobil uses a data-driven approach to understand potential future energy demand and supply.
Global fundamentals

Global fundamentals

Energy is essential for society’s progress. Economic expansion and improving access to energy enable longer, more productive lives for the growing global population.
Pursuing a 2C pathway

Pursuing a 2°C pathway

Many uncertainties exist concerning the future of energy demand and supply, including potential actions that societies may take to address the risks of climate change.
Energy matters

Energy matters

With the world’s population estimated to reach more than 9 billion people in 2040, providing enough affordable energy to help improve global living standards is a significant challenge. We expect that continued progress, powered by human ingenuity and technology, will help make better lives possible, while appropriately addressing climate risks.