Fossil fuels forever: no peak within sight.
Author | Bailey, Ronald |
Position | Citings - Brief article |
Every year, the Energy Information Administration (EIA) issues its best guess on what the fuel mix for the global economy will look like over the coming decades. The reference case of the EIA's International Energy Outlook 2013 assumes no changes from current energy policies.
This year's report projects that the world will be using 56 percent more energy by 2040 and that 80 percent of it will still come from burning fossil fuels. The EIA foresees that consumption of petroleum and other liquid fuels will rise 32 percent, from 87 million to 115 million barrels per day; that natural gas will increase by 64 percent, rising from 113 trillion cubic feet to 185 trillion cubic feet; that coal will grow 44 percent, from 8 billion short tons to 11.5...
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