By Paul Homewood
By 2050, energy-related CO2 emissions vary between a 2% decrease and a 34% increase compared with 2022 in all cases we modeled. Growing populations and incomes increase fossil fuel consumption and emissions, particularly in the industrial and electric power sectors. These trends offset emissions reductions from improved energy efficiency, lower carbon intensity of fuel mix, and growth in non-fossil fuel energy.
IEO2023 analyzes long-term world energy markets in 16 regions through 2050. We studied seven cases that explore differing assumptions of economic growth, crude oil prices, and technology costs. These cases consider only the international laws and regulations adopted through March 2023 and rely on the U.S. projections published in the Annual Energy Outlook 2023 (AEO2023), which assumed U.S. laws and regulations as of November 2022.
https://www.eia.gov/todayinenergy/detail.php?id=61024&mc_cid=5f58d8297a&mc_eid=4961da7cb1
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December 3, 2023 at 10:18AM
