The growth of the digital economy—and of a global middle class—directly translates into energy demand, accounting for some 55% of expected demand growth over the next 25 years. A wide variety of sources are expected to fulfill this need, with a focus on less carbon-intensive sources such as natural gas, nuclear, solar, and wind. Nonetheless, oil and natural gas will still represent 60% of the energy mix, with natural gas especially featured for growth. The new U.S. administration is less committed to the environmental policies of the previous government, but major energy producers operate in multiple markets committed to meeting the 2015 Paris Agreement on Climate Change. Recent technology advances offer a wide array of energy choices that will enable more lower-emission energy sources to increase their market share; by 2040, renewables will be approaching 25% of global energy supplies.