JPMorgan: World Urgently Needs Extra $1.3 Trillion Energy Investment ...Middle East

Global energy demand will continue rising by 2030, which will necessitate an additional $1.3 trillion in investments in all forms of energy, including oil and gas, to avoid a shortage of energy supply, according to JP Morgan. “Our main finding is that by 2030, energy demand growth will exceed supply growth by circa 20% based on current trends, primarily driven by emerging economies and their efforts to develop and lift their citizens out of poverty,” JP Morgan’s strategists Marko Kolanovic and Christyan Malek said in the bank’s…

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