Volume No. 7 Issue No.: 4A Page No.: 1761-1773 April-June 2013

 

ANALYSIS OF GLOBAL ENERGY CONSUMPTION PATTERNS

 

Qamar Izhar*1 and Siddiqui Fahimuddin2

1. Department of Economics, T.R.S. College, Rewa, Madhya Pradesh (INDIA)
2. Vindhya Institute of Management and Research, Amoudha, Satna, Madhya
Pradesh (INDIA

 

Received on : December 07, 2012

 

ABSTRACT

 

World Energy Consumption stands for the total energy used by the human civilizations across the globe. Organizations such as the International Energy Agency (IEA), the U.S. Energy Information Administration (EIA), and the European Environment Agency record and publish data regarding energy consumption periodically. According to IEA the climate goal of limiting warming to 2°C is becoming more difficult and costly with each year that passes. If action is not taken before 2017, all the allowable CO2emissions would be locked-in by energy infrastructure existing in 2017. Worldwide energy markets have witnessed increasing activities by the energy consumers. Now, this presence could be divided into old and new players. In addition to the old players in the market, the new stakeholders are Asia. The new players are clearly defined as the energy consumers, which have experienced a drastic increase in its energy consumption due to the higher economic growth.

 

Keywords : Energy consumption, Emissions, Energy infrastructure, Energy Information, Administration (EIA), CO2 emission,

 

 

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