The Energy Information Administration (EIA) has released the latest edition of the agency's long-term assessment of world energy markets--the International Energy Outlook 2010 (IEO2010).

Among the points stressed in the report are that world energy consumption is projected to grow nearly 50 percent between 2007 and 2035; and while growth of renewable energy sources is brisk, fossil fuels will meet nearly 80 percent of total energy needs in 2035.

Also, the report says that China and India are expected to more than double their combined energy use by 2035--accounting for roughly 30 percent of world energy use.

Other highlights include:

• World natural gas consumption will increase 1.3 percent per year, from 108 trillion cubic feet in 2007 to 156 trillion cubic feet in 2035. Tight gas, shale g... more »