IEA forecasts for energy demand in India, China
Findings regarding China are:
• China will surpass the U.S. to become the world's biggest emitter of greenhouse gas emissions this year.
• China's per capita emissions in 2030 are only 40% of those of the U.S.
• China's energy demand will surpass that of the U.S. soon after 2010.
• Chinese energy demand will grow by 3.2% every year and double between 2005-2030.
• Chinese oil demand for transport quadruples between 2005-2030.
• New vehicle sales in China exceed those of the U.S. by 2015.
• Oil production in China peaks at 3.9 million barrels per day "early in the next decade."
• China needs to add 1,300 gigawatts to its electricity-generating capacity, more than the total installed capacity currently in the United States.
• To meet demand on current trends, China needs to invest $3.7 trillion in energy infrastructure between 2005-2030.
• Each dollar invested in more efficient electrical appliances saves $3.50 of investment in electricity supply.
• Chinese investment in electrical appliance or vehicle efficiency would reduce emissions around the world because the country is a net exporter of these products.
Finding regarding India are:
• India becomes the world's third-biggest emitter by about 2015.
• Indian energy demand is set to double between 2005-2030 and grows on average by 3.6% over this period per year.
• The number of Indian relying on biomass for cooking and heating drops from 668 million in 2005 to about 470 million in 2030.
• The share of the population with access to electricity rises from 62% to 96% by 2030.
• Indian power generation capacity more than triples by 2030, with 400 gigawatts more than in 2005 - the equivalent of the installed capacity of Japan, South Korea and Australia.
• To meet demand on current trends, India needs to invest $1.25 trillion in energy infrastructure.
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