World Energy Outlook 2004

Oil prices have broken $50 a barrel. Soaring Chinese demand is rocking energy markets. Climate-destabilising carbon emissions grow apace. New energy investments will cost over $500 billion per year. As the World Energy Outlook 2004 goes to press, the energy world has lost its bearings. Not since the oil shocks of the 1970s has the world stood so desperately in need of solid, objective energy information and analysis. This book provides just that: • exhaustive energy statistics and projections till the year 2030• incisive analysis of the high oil-price phenomenon and the reliability of oil reserves data• a hard look at Russia’s future as an energy superpower• an “alternative” scenario for a more sustainable energy world• a new way of indexing the links between energy and development The WEO-2004 offers the statistical background and analytical insight out of which any solution to the world’s energy problems will have to be crafted.