The Energy Information Administration, one of the government's greatest research outfits, has released its latest outlook for what the energy landscape will look like by 2040.
The takeaways:
- Oil's share of world energy plummeting.
- Coal is going nowhere. It will be the second-most widely used energy source.
- The fastest growing energy sources will be renewables.
- Oil prices could be ludicrously high, insanely low, or reasonably higher. It is impossible to say exactly where they will be years from now.
We've selected 11 key charts from the EIA's 33-slide presentation.
Oil is on the wane, and by 2040 there will be a more even distribution of energy sources. Renewables are set to rise sharply.
Nuclear is not going away. Led by China, nuclear's share of world power will grow by 2 points from 2010 to about 60 quadrillion BTU.
Despite controversial extraction methods, natural gas use will nearly double...
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