The World Energy Council's annual report has just been released, and it predicts that carbon emissions from fossil fuels will hit a new record high in 2022. The report says that by 2040, the world's population will have grown to 9.1 billion, which will increase the need for energy by almost 50%.
Further, the report also found that emissions from coal-fired power stations will continue to rise globally as they are used more than ever in response to the growing demand for electricity and growth in India and Southeast Asia.
It's not all bad news, though! The fact that renewable energy is now cheaper than gas or coal offers a glimmer of hope for the future. And there are lots of things we can do to avoid contributing to the carbon emission problem, like switching electricity providers and driving less when you can use public transport instead. The report says that China and India's growing economies are to blame because they need more energy.
China's energy demand is projected to grow by 4.7% in 2017, while India's will jump by 6%. In comparison, Europe's is expected to drop by 1%.
The report predicts that China will surpass North America as the world's largest oil consumer by 2020, a title it has held since 2009. It also found that coal-fueled Asia Pacific countries accounted for more than 90% of power generation in 2016, and emissions from coal are set to rise 4% globally this year.
The World Energy Council states, "the top priority should be reducing fossil-fuel use." This is alarming news for the planet, as emissions have not been this high since the beginning of the Industrial Revolution. The main cause of this is an increase in China's coal usage and India's oil consumption.
In conclusion, it is vital to mention that the World Energy Council's annual report predicts that carbon emissions from fossil fuels will hit a new record high in 2022. The primary cause of this is an increase in China's coal usage and India's oil consumption. There are lots of things we can do to avoid contributing to the carbon emission problem.
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