According to the International Energy Agency (IEA), the world’s primary energy demand will rise by 55% between 2002 and 2030. Two-thirds of the increase will come from developing countries. Electricity demand will double and the requirements for all fossil fuels are expected to grow at sustained and substantial rates.
More importantly, the IEA suggests that fossil fuels will still account for more than 80% of the energy mix in 2030, just as they do today. But are the world’s fossil fuel resources abundant enough to feed such growth?
Unreliable and overoptimistic mainstream forecasts have given a false impression of how much longer the world’s oil and gas supplies will last.Download our report Plugging the Gap to learn more about the decline in the availability of conventional fuel resources and increased global energy demand.