Energy consumption to increase through 2050, outpace efficiency gains: EIA

Global energy consumption will likely increase through 2050 and outpace advances in energy efficiency, the U.S. Energy Information Administration said on Wednesday.

Global population growth, increased regional manufacturing and higher living standards will contribute to the increase in consumption, the EIA said. Global carbon dioxide emissions from energy will increase by 2050 in most scenarios outlined by the EIA.

Non-fossil fuel-based resources, including nuclear and renewables, will produce more energy through 2050, but that growth will likely not be sufficient to reduce global energy-related CO2 emissions under current laws and regulations, the EIA said.