The Rising Middle Classes Across the World Will Doom Climate Policy
Exxon lays out the basic reality that dooms the
global warming climate change climate disruption policy movement to failure - a rising global middle class won't be denied.
Even as the most advanced economies cut energy use by almost one tenth through 2040 and add hundreds of millions of fuel-efficient vehicles, booming growth in places like India, South Africa and Thailand will boost demand for fuels 36 percent, the Irving, Texas-based company said in its annual outlook. Emissions will surge as an expanding middle class in poorer nations demands electricity, schools and hospitals.I was ahead of Exxon by about six years.