World Energy Outlook 2004 (World Energy Outlook) by OECD Publishing

By OECD Publishing

Oil costs have damaged $50 a barrel, hovering chinese language call for is rocking power markets, and climate-destabilising carbon emissions develop apace.  The international strength Outlook 2004 deals the statistical heritage and analytical perception o

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Almost 60% of the cumulative reduction of CO2 emissions would occur in non-OECD countries. In fact, OECD emissions would level off by the 2020s, and then begin to decline. More efficient use of energy in vehicles, electric appliances, lighting and industry account for more than half of the reduction in emissions. A shift in the power generation fuel mix in favour of renewables and nuclear power accounts for most of the rest. The pattern of investment in energy supply and end-use equipment in the Alternative Scenario is substantially different from that in the Reference Scenario.

Rising oil demand will have to be met by a small group of countries with large reserves, primarily Middle East members of OPEC and Russia. Booming trade will strengthen the mutual dependence among exporting and importing countries. But it will also exacerbate the risks that Executive Summary 29 wells or pipelines could be closed or tankers blocked by piracy, terrorist attacks or accidents. Rapid worldwide growth in natural gas consumption and trade will foster similar concerns. If current government policies do not change, energy-related emissions of carbon dioxide will grow marginally faster than energy use.

EXECUTIVE SUMMARY Energy Security in a Dangerous World World Energy Outlook 2004 paints a sobering picture of how the global energy system is likely to evolve from now to 2030. If governments stick with the policies in force as of mid-2004, the world’s energy needs will be almost 60% higher in 2030 than they are now. Fossil fuels will continue to dominate the global energy mix, meeting most of the increase in overall energy use. The shares of nuclear power and renewable energy sources will remain limited.

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