BP has issued ''BP Technology Outlook'' Report to show how technology can play a major role in meeting future energy challenges by widening energy resource choices, transforming the power sector, improving transport efficiency and helping to address climate concerns out to 2050.The BP Technology Outlook sets out how technological developments could shape and influence the way we identify sources of energy and extract, convert, store and ultimately consume them over the next 35 years.Since the 18th century, energy has helped to drive human and economic development, a process that continues today. This journey has been largely fuelled by fossil fuels – coal, oil and gas – providing heat, power and mobility for industry and consumers. The past three decades have seen a surge in these trends, driven by demand from emerging economies, led by China and India. However, consuming all of the available fossil fuel resources would create greenhouse gas (GHG) emissions well above the threshold recommended by scientists. For the future, we need energy that is affordable, sustainable and secure.BP reports examines what technology can do in terms of access to primary energy resources, how it might change both the power and transport sectors, especially in the context of reducing ...
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