Feb 16, 2011

Shell Predicts Energy Use Will Triple by 2050 Because of China, India



The Shell global energy report, called Signals and Signposts, said emerging nations like China and India are going through materially intensive development and a tighter market will continue to put pressure on prices and generate volatility. Shell also says there is no "silver bullet" that will solve all of the global energy demands in spite of ongoing development of biofuels and other alternatives.
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Source: Torgue News

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