11/11/2009

The International Energy Agency warns that recovery could lead to an energy crisis, with an increased demand for more fossil fuel from China and other developing countries tightening supplies and raising prices. The agency's World Economic Outlook predicts that oil production can be raised to 105 million barrels a day, though energy demand will rebound sharply after the recession ends and increase about 40% by 2030. Fossil fuels will make up about 75% of that increase.

Full Story:
TIME magazine

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