Is It Time To Worry About Peak Oil Demand?

Oil demand will continue to rise at least for the next decade, and possibly longer, but it is possible that peak oil demand could come at some point in the late 2020s if governments around the world implement low-carbon policies more rigorously, Neil Atkinson, Head of the Oil Industry & Markets Division at the International Energy Agency (IEA), told CNBC on Monday. “If the world does implement policies more rigorously, peak oil demand could come at some point in the late 2020s or in the 2030s,” Atkinson said.   The IEA isn’t…