Here’s Why Developing Countries Will Consume 65% of the World’s Energy by 2040
From The Atlantic
By Todd Woody
The Energy Shift now under way is as much geographical as it is technological. Case in point: By 2040, the developing world will account for 65 percent of the world’s energy consumption, according to a report released today by the United States Energy Information Administration.
That’s up from 54 percent in 2010, and over the next three decades energy consumption is predicted to grow at a 2.2 percent annual clip in non-OCED (Organization for Economic Cooperation and Development) countries. OCED nations – including Europe, the US, Canada and Australia – in contrast, will see their energy use increase by just 0.5 percent a year, roughly in line with population growth.
Those numbers foreshadow a climate change catastrophe. Most of the growth in energy consumption will occur in countries like China and India that rely on carbon-polluting coal and other fossil fuels to generate electricity.
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