Hosted by the Energy Committee This year's Energy Outlook reveals that global energy demand, despite gains in efficiency, will rise by about 30 percent in 2040 from today as global economic output doubles and prosperity expands across a world where population will grow to nearly 9 billion people. China will likely become the world's largest energy consumer. Rising demand for electricity will be the single largest influence on energy trends.
Amid natural gas taking over coal as the second global fuel, shale gas and other unconventional gas will account for 30 percent of global gas production by 2040. As the energy mix continues to evolve, CO2 emissions are expected to decline. How will these global trends impact on Hong Kong's power industry? What is the major Hong Kong power supplier's performance in emissions?
Jim Muschalik will share ExxonMobil's views of the world's long-term energy needs and challenges, and of its power generation business in Hong Kong.
Conrad Hong Kong Granville Room (Lower Lobby) Pacific Place 88 Queensway Admiralty, Hong Kong