July 4, 2006: EIA Forecasts Large Growth in World Energy Demand Through 2030
The EIA's "International Energy Outlook 2006" boosts the projected cost of oil in 2025 to $57 per barrel (a 35 percent increase over last year's projection), causing a decrease in oil demand and a shift to natural gas and coal. But petroleum demand is still projected to grow significantly, reaching 118 million barrels per day in 2030, a 47 percent increase above the petroleum demand in 2003. The United States, China, and India cause more than half of the projected growth in oil demand.
In the EIA reference case, which does not include policies to limit greenhouse gas emissions, energy-related carbon dioxide emissions increase from 25 billion metric tons in 2003 to 43.7 billion metric tons in 2030, with developing countries accounting for three-quarters of the projected growth.
Publication date: 07/03/2006
Looking for quick answers on air conditioning, heating and refrigeration topics? Try Ask ACHR NEWS, our new smart AI search tool. Ask ACHR NEWS
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!



