Our energy future is not set in stone

If technology is an undeniable catalyst for progress, then energy is its inevitable basic food. It is no coincidence that since the industrial revolution, economic growth has been fuelled first by coal, then by oil & gas. Although energy intensity reserves are still sizeable in emerging economies and the technological catalyst can partially dematerialize growth, it is unrealistic to separate growth from its basic food. And, even if the “fossil energies share” (oil/gas/coal) will lose a few percent to nuclear and renewable energies over the next decades, all the indicators point to a world mix in which the fossil energy share will still top 75% by 2035.