LONDON — A new report released by management consultancy Arthur D. Little questions the energy sector’s consensus view that demand for oil will rise ever higher, driven in particular by consumption in the so-called BRIC countries, Brazil, Russia, India and China.
The report envisions that, as a result of an anticipated public policy shift, oil’s predominant share in the energy mix could diminish faster than the industry currently anticipates. In contrast to a widely held industry consensus that, for the foreseeable future, oil will retain its leading role in satisfying ever growing global energy demand, the new analysis by Arthur D. Little offers an alternative scenario in which the global energy market transitions more quickly away from oil and towards a new, post-hydrocarbons, energy era.




