EIA projections indicate global energy consumption increases through 2050, outpacing efficiency gains and driving continued emissions growth
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The U.S. Energy Information Administration (EIA) projects that global energy consumption and associated CO2 emissions will increase through 2050 (assuming the global energy system remains on its current trajectory and absent new policy). Global population growth, increased regional manufacturing, and higher living standards push growth in energy consumption beyond advances in energy efficiency, according to EIA’s projections in its International Energy Outlook 2023 (IEO2023).The U.S. Energy Information Administration (EIA) projects that global energy consumption and associated CO2 emissions will increase through 2050 (assuming the global energy system remains on its current trajectory and absent new policy). Global population growth, increased regional manufacturing, and higher living standards push growth in energy consumption beyond advances in energy efficiency, according to EIA’s projections in its International Energy Outlook 2023 (IEO2023). Read More