Global energy use is set to fall in 2009 — for the first time since 1981 on any significant scaleTo have access to all news, please, register.
11 November 2010, 19:54
Global energy use is set to fall in 2009 — for the first time since 1981 on any significant scale — as a result of the financial and economic crisis, but demand is set to resume its long-term upward trend once the economic recovery gathers pace. By 2030, the Reference Scenario, which assumes no change in government policies, sees world primary energy demand a dramatic 40% higher than in 2007. The financial crisis has had a considerable impact on the energy sector worldwide and CO2 emissions could fall in 2009 by as much as 3%. This decline would be steeper than at any time in the last 40 years. The crisis has also led to a deferral of investment in polluting technologies. This would lead to global emissions in 2020 being 1.9 gigatonnes (Gt) or 5% lower - even in the absence of new government policies - than estimated last year in the Reference Scenario of WEO-2008. The impact of the financial crisis and lower growth accounts for three-quarters of this improvement, while government stimulus spending to promote low-carbon investments and other new climate policies account for the remaining quarter.
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