American Petroleum & CO2 Segment Overview
Energy Transitions Take Time
Our assets and services will be needed for a very long time
GLOBAL ENERGY MIX BY FUEL PWh
KINDER MORGAN
Energy transitions take a long time and consist of adding energy forms,
not eliminating existing forms
% of
energy mix
Biomass ■ Coal ■Oil
180
160
■Natural gas
Renewables Nuclear
140
Coal took 60 years to achieve a 50% share of global energy
120
Oil 60 years to achieve 40%
100
80
60
60
60
40
40
20
20
Natural gas 60 years to achieve 20%
Nuclear took 80 years from discovery
to widespread deployment
50%
40%
12%
23%
20%
29%
25%
12
1900
1910
1920
1930
1940
1950
1960
1970
1980
1990
2000
2010
2020
Source: Pre-1965 from Energy Transitions: Global and National Perspectives; 1965 and beyond from BP's Statistical Review of World Energy.View entire presentation