EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%
Green Car Congress
JULY 25, 2013
With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. Almost 80% of the projected increase in renewable electricity generation is fueled by hydropower and wind power.
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