BP released its 2018 Energy Outlook Tuesday, this year extending its projections out five additional years to 2040.

BP’s 2018 Outlook’s findings are tied to what it labels ‘the energy transition’.

“The speed of the energy transition is uncertain and the new Outlook considers a range of scenarios. The ‘evolving transition’ scenario assumes that government policies, technologies and societal preferences evolve in a manner and speed similar to the recent past,” BP Group Chief Economist Spencer Dale said.

Graphic by BP - 2018 Energy Outloo...

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