Due to new technology and more stringent governmental policies, per capita global demand for energy will peak by 2030, according to a report published by the World Energy Council (WEC). The report, titled “Global Oil Supply in 2030 – A Forecast of Future Growth,” was released on Tuesday at an event hosted by the WEC. The rate of carbon emissions varied widely according to the WEC, citing reductions of 61% to increases of 5% depending on the effectiveness of efforts to solve the issue.
Due to new technology and more stringent governmental policies, per capita global demand for energy will peak by 2030, according to a report published by the World Energy Council (WEC). Having predicted that demand for fossil fuels, heating and electricity will begin to decline after 2030, the report also forecast that overall demand for electricity will double by 2060. The rate of carbon emissions varied widely according to the WEC, citing reductions of 61% to increases of 5% depending on the effectiveness of efforts to solve the issue.