The WEO
2005 expects that if policies remain unchanged, world
energy demand is projected to increase by over 50% between now and
2030. Energy-related CO 2 emissions will climb to a 52% higher level
by 2030. “These projected trends have important implications and
lead to a future that is not sustainable – from an energy-security
or environmental perspective. We must change these outcomes and
get the planet onto a sustainable energy path,” Ramsay said.
Since last year’s WEO, the
World Alternative Policy Scenario is one of the scenario’s described
(in some ten of the 600 pages). However, following the recommendation
of William Ramsay, this scenario seems to gain importance within
the WEO, which is mainly about mainstream energy fluxes like oil
and gas. The alternative scenario projects a future where intentions
acknowledged by the international community are effected through
new policies. The growth of energy demand would be 1.2% a year instead
of 1.6%, while there will be a shift to low- or non-carbon sources.
Energy demand in 2030 would be 35% higher than now, while the CO
2 emissions would be 27% higher, thanks to a larger renewable share.
The IEA estimates that the
higher demands in the ‘Business-as-usual’ scenario can be met with
investments of 17 trillion dollars in the next 25 years. The WEO
gives no estimate for the required investment in the alternative
policy scenario.
Source: GP Newsdesk
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