BOSTON: Fossil fuel demand may have permanently peaked in 2019 if the global economy does not recover rapidly from the coronavirus pandemic, accelerating the arrival of peak fossil fuel demand by more than a decade, said the Boston Consulting Group (BCG) in a new report.
As the short-term economic fallout of the global Covid-19 pandemic becomes increasingly visible, according to recent research by BCG, which suggests that the crisis may have a significant long-term impact on global energy markets .
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