Summary:
Resources for the Future recently released a game-changing report that compares “apples-with-apples” through a unique methodology that provides an integrated analysis of the long-term energy projections of various governmental, intergovernmental, and private organisations. The report entitled Global Energy Outlook 2019: The Next Generation of Energy states that global energy consumption is poised to grow by over 20-30% through 2040 and beyond. In the absence of ambitious climate change targets, this growth would be largely driven by the increased consumption of fossil fuels.