EIA: Global Carbon Dioxide Emissions Projected to Increase 39% by 2030
June 3, 2009
In the absence of specific policies to limit greenhouse gas emissions, the world's energy use is expected to increase by 44% between 2006 and 2030, causing a 39% increase in global carbon dioxide emissions, according to DOE's Energy Information Administration (EIA). The EIA's "International Energy Outlook 2009," released on May 27, finds that much of the increase in carbon dioxide emissions will occur in developing nations, especially in Asia. The EIA reference case projects oil prices climbing to $130 per barrel by 2030, causing biofuels to become increasing competitive, but also opening the door to less environmentally friendly options, such as oil sands, extra-heavy oil, and facilities to convert coal and natural gas into liquid fuels.
On the bright side, the EIA report expects renewable energy to be the fastest-growing source of electricity over the next 21 years, with an average renewable power growth of 2.9% per year. Most of that growth will come from wind power and hydropower, according to the EIA. But with global electricity demand growing steadily, renewable power is only projected to increase its share of the world's electricity market from 19% in 2006 to 21% in 2030. Over the same time period, the EIA expects coal power to increase its global share from 41% to 43%. See the EIA press release and report.