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Energy demand is rising and this can be clearly seen in every country around the world. The International Energy Authority (IEA.org) stated recently that world energy demand is expected to increase 65% by the year 2030.
Of this increase, 85% of this will occur in developing nations, many of whom are amongst those least able to afford the costs of environmental impact mitigation and critically are also expected to experience some of the greatest population growth during the same period.
This energy market issue is exacerbated by the decline in the availability of fossil fuels, with crude oil forecasted to last for no longer than 40 to 50 more years and coal forecasted to last little more than 100 years.
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