Impact of Global Growth on Carbon Emissions

"Business as usual" could could have serious long-term consequences for global energy consumption and carbon emissions. According to a report released by PriceWaterhouse-Coopers (PwC) last month, global carbon emissions from fossil fuels are going to more than double by the year 2050 unless a number of significant policy changes are enacted soon to deploy technological emission reduction measures.

In March 2006, PwC published a report, The World in 2050: How big will the emerging market economies get and how can the OECD compete?, on the rapid growth of the "E7" emerging economies (China, India, Brazil, Russia, Mexico, India, and Turkey). They project the combined economies of these countries could be 25-75% greater than the G7 countries (U.S., Japan, Germany, UK, France, Italy, Canada) by 2050.

The questions unaddressed by that report - what consequences on global climate will that growth cause? What is the need for change?

These questions are covered in a follow-up study, The World in 2050: implications of global growth for carbon emissions and climate change policy released in September. In it, the author provided a baseline estimate of carbon emissions with the current rate of energy efficiency. He then developed five different scenarios incorporating more successively aggressive measures.

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technorati greenhouse, emissions, policy, global warming, bioenergy, environment, carbon, sequestration