Wednesday, November 11, 2009

IEA World Energy Outlook

The Wall Street Journal's Environmental Capital blog has been discussing the contents of the most recent version of the International Energy Agency's World Energy Outlook this week. Among the highlights...
  • Primary energy demand will increase about 40% by 2030 compared to 2007 levels, with most of the demand coming from developing countries.
  • Oil demand will increase by 24% over that period, electricity by 76% and global coal consumption by 53%.
  • Maintaining carbon emissions at an acceptable level during this period will require an additional $10.5 trillion in energy-related investments.

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