WASHINGTON – According to the U.S. Energy Information Administration’s (EIA) “International Energy Outlook 2006” (IEO2006), worldwide energy consumption is projected to increase by 71 percent between 2003 and 2030.
The latest IEO2006 indicates that the strongest growth in global energy consumption will come from developing countries outside the Organization for Economic Cooperation and Development (OECD), such as China and India, “where robust economic growth drives the increase in energy use,” and that energy use in non-OECD Asia will nearly triple over the projection period.
Combined, the report indicates that the United States, China and India account for 51 percent of the projected growth in world oil use, and that growth in petroleum consumption is expected to reach 118 million barrels a day in 2030. The report also suggests that OPEC members are expected to increase oil supplies by 14.6 million barrels a day by 2030.
The IEO2006 projects that energy-related carbon dioxide emissions are expected to increase from 25 billion metric tons in 2003 to 43.7 billion metric tons in 2030. The report suggests that much of the projected increase in emissions is expected to occur in the non-OECD regions of the world, which account for three-fourths of the projected growth in emissions between 2003 and 2030.
Click here to access the complete IEO2006.