Entries for month: June 2010

Developing Nations Driving Demand

World energy consumption is projected to grow by 49 percent between 2007 and 2035, driven by economic growth in the world's developing nations, according to the Energy Information's International Energy Outlook 2010 released on May 25.

"Renewables are the fastest-growing source of world energy supply, but fossil fuels are still set to meet more than three-fourths of total energy needs in 2035 assuming current policies are unchanged," said EIA Administrator Richard Newell.

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