Although oil is expected to remain the top energy source in the Americas out to 2040, there will be gains by natural gas and renewables, some of which will about double from small bases, according to the 2018 edition of ExxonMobils global energy outlook.
In 2016, North America accounted for 20 percent of global energy demand, which totaled 552 quadrillion British thermal units, and Latin America for 5 percent. By 2040, North Americas share is expected to slide down to 16 percent of 681 BTUs, and Latin Americas share is projected to edge up to 6 percent. ExxonMobil did not indicate whether it includes Mexico in North or Latin America.
Get alerts when new Sustainability Blog articles are available.