China to Drive Energy Surge to 2035, IEA Forecasts

China will drive a surge in world energy demand over the next quarter century, as straining supply enhances OPEC’s oil market share and growing coal use undermines efforts to contain global warming, according to a report.

Chinese demand will jump 75 percent, accounting for more than a third of an increase in energy use that will bring global consumption to 16.7 billion metric tons of oil equivalent by 2035, the International Energy Agency forecasts in its annual World Energy Outlook. Oil supplies will be pushed near their peak, thwarting government pledges to limit the rise in global temperature to 2 degrees Celsius (3.6 degrees Fahrenheit).