World energy use up 49% by 2035

Global energy consumption will rise 49% between 2007 and 2035, led by economic growth in developing nations, the U.S. Energy Information Administration (EIA) said. While use of renewable fuels will grow rapidly in the period, “fossil fuels are still set to meet more than three-fourths of total energy needs in 2035, assuming current policies are unchanged,” Richard Newell, EIA administrator said. China, the second-largest oil consumer after the U.S., will see energy demand growth of 3.1%, while India’s appetite will increase at a 2.2% annual rate. Other non-OECD Asian economies are expected to show 2.5% annual energy demand growth. (May 26, 2010)