News Feature: Economic development and the demand for energy: A historical perspective on the next 20 years

In a paper published to coincide with BP’s ‘Energy Outlook 2030’ Christof Rühl, Paul Appleby, Julian Fennema, Alexander Naumov and Mark Schaffer review evidence of the last two centuries of industrialization to analyze the evolution of energy intensity over the long- and short-run. Their analysis suggests among other things that high growth in per capita income over the next 20 years need not be constrained by resource availability. The text of this article can be found <a href="http://www.bp.com/liveassets/bp_internet/globalbp/STAGING/global_assets/downloads/R/reports_and_publications_economic_development_demand_for_energy.pdf">here</a>.