Monday, November 16, 2009

Isramart : WRAPUP 1-Global energy use to rise fast if no CO2 deal-IEA

Isramart news:
IEA calls for U.N. climate change deal in Copenhagen

* No deal could mean doubling of oil and gas bills by 2030

* Global energy demand to rise 1.5 pct/yr to 2030 if no deal

* World oil use seen at 105 mln bpd 2030 (prev 106)

(Updates throughout with detail, comments, reaction)

PARIS/LONDON, Nov 10 (Reuters) – World energy use will rise rapidly over the next 20 years, increasing costs and greenhouse gases unless a deal is reached to curb carbon dioxide emissions, the International Energy Agency (IEA) said on Tuesday.