Global energy demand in 2040 will be 35 percent higher than in 2010, with oil, gas and coal accounting for 78 percent of total energy consumption, according to the 2013 edition of ExxonMobils The Outlook for Energy: A View to 2040.
The makeup of the worlds energy supply from 2010 through 2040 is expected to evolve in response to changes such as improved living standards, more fuel-efficient vehicles and modern appliances and buildings, along with increased limitations on greenhouse gas emissions. Full hybrid vehicles are expected to account for nearly half of the global fleet by 2040.
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ExxonMobil projects demand for all types of energy will grow at an average annual rate of 1 percent a year from 2010 to 2040.