The global appetite for energy is going nowhere but up. And with it, emissions of carbon dioxide.
A new forecast by the U.S. Energy Information Agency finds that world energy consumption is projected to increase by 56 percent over the next three decades, driven in large party by rising demand in China and India.
“These two countries combined account for half the world’s total increase in energy use through 2040,” said EIA Administrator Adam Sieminski. “This will have a profound effect on the development of world energy markets.”
Fossil fuels will continue to supply almost 80 percent of world energy use through 2040; natural gas is the fastest growing fossil fuel in the forecast. Worldwide energy-related carbon dioxide emissions rise from about 31 billion metric tons in 2010 to 45 billion metric tons in 2040.