Global energy consumption and emissions will climb through 2050, EIA projects

World Oil | Oct 6, 2021 at 2:00 AM
  • The U.S. Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050.
  • “Even with growth in renewable energy, without significant policy changes or technological breakthroughs, we project increasing energy-related carbon dioxide emissions through 2050,” said EIA Acting Administrator Stephen Nalley.
  • Driven by increasing populations and fast-growing economies, EIA projects that consumption of liquid fuels will grow the most in non-OECD Asia, where total energy consumption nearly doubles from 2020 to 2050.