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November 12, 2007

IEA: Watch out for China and India, thier thirst is transforming global energy system...


Energy developments in China and India are transforming the global
energy system as a result of their sheer size and their growing
importance in international energy markets, according to the International Energy Agency’s (IEA) World Energy Outlook (WEO) 2007.

However, the consequences of unfettered growth in global energy demand are alarming for all countries, the report continues. If governments around the world stick with existing policies—the underlying premise of the WEO Reference Scenario—the world’s primary energy needs would be 55% higher in 2030 than today.


Developing countries contribute 74% of the increase in global
primary energy use in this scenario. China and India together account
for 45% of this increase. increase in global primary energy demand in
this scenario. Both countries’ energy use is set to more than double
between 2005 and 2030.

The Layman's summary:  "pucker up and say Thank You Sir, May I Have Another"

Posted by Martin at November 12, 2007 8:42 AM

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