Growing world needs every form of energy: Shell

The world will need every form of energy available — from coal to biofuels — to keep pace with a booming population, the chief executive of Royal Dutch Shell said on Sunday.

Jeroen van der Veer also said record oil prices, which hit $117 a barrel on Friday, had yet to curb the thirst for fuel.
“… Despite high prices, demand is not dropping, there is only slower growth. Easy oil and easy gas cannot supply all that surge in demand,” he told reporters on the sidelines of the International Energy Forum.

“So it is not a matter of choice, do we do coal, or oil, or nuclear? The world will need everything, including biofuels. You name it.”

Reuters