EIA: DEVELOPING COUNTRIES ENERGY-RELATED EMISSIONS TO SURPASS OECD
Developing countries' energy-related carbon dioxide emissions will be 127 percent higher than those of OECD nations by 2040 under policies currently in place, according the Energy Information Administrations' biennial International Energy Outlook. Energy-related carbon emissions from nations like India and China are projected to grow 46 percent over a 2010 baseline, as these countries continue to experience a stronger rate of economic growth and rely heavily on fossil fuels to power development. In 2010, non-OECD countries surpassed OECD nations' emissions by just 38 percent, but in coming years India and China will play a growing role in the global energy market. "These two countries combined account for half the world's total increase in energy use through 2040," said the EIA administrator. The report also projects that carbon intensity of energy will decline by 1.9 percent in OECD nations and 2.7 percent in non-OECD nations by 2040. For the full story, see http://uk.reuters.com/article/2013/07/25/us-usa-energy-carbon-idUKBRE96O0KN20130725.