EIA Releases Global Energy Demand Forecasts

The Energy Information Administration released the findings of its 2009 International Energy Outlook (here) today, projecting a 73 percent growth in energy demand from developing, non-OECD nations, and a 44 percent demand growth globally by 2030.

Based on its consumption projections the EIA forecasts a 39 percent increase in carbon dioxide emissions, assuming no large-scale mitigation plan is implemented. Over 90 percent of the increase comes from the developing world, and EIA forecasts that by 2030, non-OECD emissions will exceed OECD emissions by 77 percent compared to 2006.