26 Sep '11, 4pm

World Energy Use Will Grow by 53%, Led by China and India: Renewable energy will grow faster, but fossil fuels s...

The world's energy consumption is expected to grow 53% by 2035, according to the International Energy Outlook 2011 by the US Energy Information Administration (EIA). Fully half of that growth will come from China and India, where energy use is expected to more than double by 2035. EIA expects the two countries combined to consume 31% of the world's energy, up from 21% today. The good news is that renewable energy will be the fastest growing primary energy source during that time. Renewables, which accounted for 10% of demand in 2008, will grow by 2.8% a year and supply 15% of the world's energy in 2035. The bad news is that fossil fuels will still be the dominant energy source by far, supplying 78% of the world's energy. The transportation sector will account for 60% of the world's use of liquid fuels by 2035 (up from 54% in 2008), and 82% of the increase. World oil prices...

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

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