09 Nov 2007 05:11:36
China energy demand poses carbon threat
The International Energy Agency (IEA) has called for increased cooperation with China and India over the next ten years, after its latest World Energy Outlook suggested that these developing countries will have great demand for carbon-emitting fuels such as oil and coal in the coming years.
Due to the size, rapid development and growing importance of the economies in China and India to the rest of the world, their energy developments are of global importance, the report claimed.
It even went so far as to predict that China and India will account for 45 percent of increased global energy demand, which is expected to rise by 50 per cent between now and 2030.
"The huge energy challenges facing China and India are global energy challenges and call for a global response. The World Energy Outlook (WEO) 2007 charts a course to a more secure, competitive, lower-carbon energy system a course that must involved the world''s two emerging giants," said Nobuo Tanaka, executive director of the IEA.
"WEO 2007 demonstrates more clearly than ever that, if governments don''t change their policies, oil and gas imports, coal use and greenhouse-gas emissions are set to grow inexorably through to 2030, even faster, in fact, than in last year''s Outlook.
He went on to explain that such trends would not only threaten energy security, but also accelerate climate change, before pointing out that the Outlook also showed how new policies can lead the way to an alternative energy future.