Date: 5 months ago   Category: Economy

The exhaust of CO2 has around the world reached record level

Despite all efforts on protection of ecology, the volume of an exhaust of carbon dioxide around the world has increased again. The International Energy Agency, however, sees no reason for excessive pessimism.

the Volume of an exhaust of carbon dioxide around the world, despite all efforts on protection of ecology, in 2017 has increased by 1,6 percent to record level, and in the current year this tendency will proceed. The International Energy Agency (IEA) in the annual report World Energy Outlook published on Tuesday, November 13 reports about it. Authors of the report explain to

it with growth of global demand for energy carriers which, by MEA estimates, for the next two decades will only grow and by 2040 twice will exceed present - mainly, due to increase in demand in quickly growing economies of the countries of Asia.

Experts, however, see no reason for special pessimism as, first, the increasing value will buy the gas which is especially liquefied. According to forecasts, demand for gas in the next 20 years will grow by 45 percent, at the same time by 2040 up to 60 percent of gas will be delivered in the liquefied look.

Coal loses
Secondly, the lesser role will be played around the world by coal. Even in China - the main consumer of coal, demand for this energy carrier will be reduced in 20 years by 15 percent while in Europe - on 65, and in the USA - for 30 percent. One of favorable factors for world ecology authors of the report consider by

also rapid development of renewable power. They predict that by 2040 45 percent of energy consumption will be carried out around the world at the expense of renewable energy carriers.

Oil, according to MEA, will keep the importance. Experts even warn that in four years, perhaps, the shortage of these raw materials will begin to be felt temporarily because after crisis of the last years oil industry didn't make enough investments in oil-extracting installations. It, most likely, will lead again to sharp increase in prices for gasoline and diesel fuel.



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