The Future Of Fossil Fuels By 2030
The newEnergy Outlook 2030 trends analysis from BP has predicted that in next 20 years or so, the nuclear, hydro and renewable sources of energy will account for major energy production. For the first time, in the history of mankind,the Fossil fuel is expected to be left behind.
China, India, Brazil and Russia, currently account for around 50 percent of the world's energy consumption. This is expected to touch 75 percent by 2030.
The Renewable energy sources are set to increase from current 5 per cent to 18 per cent, resulting in drop in market share of fossil fuels.