Energy Agency predicts high prices in future.

• Author: Block, Ben
• Position: EYE ON EARTH - Brief article

The world can expect energy prices to continue their generally upward spiral in the years ahead if global energy policies remain the same, the International Energy Agency (IEA) reported in November.

Rapid economic development in China and India, coupled with relatively consistent energy use in industrialized nations, will likely strain the world's ability to meet a projected rise in energy demand of some 1.6 percent a year until 2030, the agency predicted in its annual World Energy Outlook...