Despite heightened concerns regarding fossil-fuel emissions and climate change, global demand for hydrocarbons is expected to rise and they will likely remain the dominant energy resource in a world that expects energy demand to increase for several decades.
In Conning’s Viewpoint “Energy Markets 2050: Alternatives Growing Fast but Hydrocarbons Retain Dominance,” the firm’s commodities investment research team examines the potential future of energy markets and offers thoughts about where investment opportunities may lie.
While developed markets will likely become more efficient users of energy and may derive greater amounts from less carbon-intensive sources, emerging markets are expected to see significant growth in energy demand and most of that will likely be filled by hydrocarbons.