Consensus on “Peak Demand” gathers momentum

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Bloomberg New Energy Finance and McKinsey have both concluded that a rapid take-up of electric vehicles will lead to a late 2020s peak in oil demand.

This was part of our original case for forceful stewardship and you can see our senior adviser, Howard Covington, discussing this possibility and exploring the climate and economic consequences – and what investors should do – here.

A more detailed paper about his ideas is available here.

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