Strong economic growth and growing populations will drive increases in global energy-related carbon dioxide emissions and energy consumption through 2050, according to EIA in its International Energy Outlook 2021 (IEO2021).
Some key findings of IEO2021 include:
If current policy and technology trends continue, global energy consumption and energy-related carbon dioxide emissions will increase through 2050 as a result of population and economic growth.
The industrial and transportation sectors will largely drive the increase in energy consumption. Electric vehicle sales will grow through 2050, causing the internal combustion engine fleet to peak in 2023 for countries that are members of the Organization for Economic Cooperation and Development (OECD) and in 2038 globally. Despite this projected growth in electric vehicle sales, the continued growth in energy consumption will cause global energy-related carbon dioxide emissions to rise through 205