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Energy and Power

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Japan's demand for oil could be reduced quickly

Published On 16 Dec 2019 09:56 AM


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He International Energy Agency's November World Energy Outlook forecasts only a relatively small 54mn toe gap in Japan's 2040 oil demand between the "government strategies" scenarios of the world and "sustainable development." Such a conservative forecast for the latter that underlines the effect of reinforcing Japan's political and corporate will to turn away from fossil fuels.

The consensus is of par....


Tags : International Energy Agency, fossil fuels, Financial Analysis, World War II, offshore power plants,
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