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Global Energy Consumption Topped Pre-pandemic Levels In 2021: BP Report
Oil demand last year was 3.7 million barrels per day (bpd) below 2019 levels, driven primarily by weakness in the aviation sector, which was 33 per cent below pre-pandemic levels, BP said in its 2021 Statistical Review of World Energy
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Global energy consumption rose by 5.8 per cent in 2021, exceeding pre-pandemic levels as economies revved up activity, while strong growth in renewable energies chipped away at fossil fuel use, according to a benchmark report by BP.
Oil demand last year was 3.7 million barrels per day (bpd) below 2019 levels, driven primarily by weakness in the aviation sector, which was 33 per cent below pre-pandemic levels, BP said in its 2021 Statistical Review of World Energy.
The rapid economic recovery also led to a 5.7 per cent increase in greenhouse gas emissions from energy use, roughly similar to 2019 levels.
"The pronounced dip in carbon emissions in 2020 was only temporary," BP Chief Economist Spencer Dale said in the report.
(Reuters)