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flag Global oil demand to keep rising through 2050, risking 1.5°C warming threshold.

flag The International Energy Agency’s 2025 World Energy Outlook projects global oil and gas demand will continue rising until at least 2050 under current policies, with oil demand potentially reaching 113 million barrels per day—13% above 2024 levels. flag This marks a reversal from earlier forecasts of a near-term peak, driven by weak climate action, U.S. policy shifts favoring fossil fuels and nuclear, and surging demand from data centers and AI. flag LNG supply is expected to grow 50% by 2030, while renewable energy, especially solar, expands rapidly. flag Nuclear capacity is projected to grow by at least one-third by 2035. flag Despite progress in clean energy, global warming is on track to exceed 1.5°C regularly by 2030, and current policies fall short of Paris Agreement goals.

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