If governments adequately enforce measures already adopted and also agree on new, cautious ones currently under discussion, oil demand stands to increase by 14% between 2012 and 2040. This is the “New Policies” scenario, which the IEA says describes the most likely path forward (see adjacent stories).
The picture changes drastically if governments adopt a “business as usual” attitude, failing to follow up on agreed policy measures or to adopt fresh ones.
Under
