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The Successful Outcome Of The United Nations Essay

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The successful outcome of the United Nations’ 21st annual Conference of the Parties (COP21) raised hopes and expectations of concerted global efforts to tackle climate change, and brought forward a whole raft of questions:
• How will this affect the momentum behind the deployment of key renewable technologies and the drive for greater energy efficiency?
• Ample supply is keeping downward pressure on fossil fuel prices, coal, oil and natural gas. When and how will market dynamics change – or might lower prices for some fuels be here to stay?
• The impact of local pollution, often energy-related, on air quality is a matter of rising social and political concern in many countries. How can governments act to tackle this problem – and what would these actions mean for the energy sector?
The World Energy Outlook 2016 published by the International Energy Agency (IEA) is coming out in November and will shed some light on these questions with insightful analysis.
In the meantime, there is one matter that everyone can agree on: for the near future, energy demand will continue to grow. How it is produced and used will be a critical factor in the future of the global economy, geopolitics and the environment.
With that in mind, McKinsey & Company’s Global Energy Insights team took a hard look at the data, modeling energy demand by country, sector and fuel mix, with an analysis of current conditions, historical data and country-level assessments. On this basis, McKinsey put together
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