2030: US renewable energy doubles
Although many hope that by the year 2030 the need for fossil fuels will be extinct, the Energy Information Administration says that we will still need the stuff -- and not just for classic cars that haven't been converted, either. According to Wednesday's report, renewable energy production will double over the next 23 years, especially in the areas of wind and biomass energy. The problem: renewable energy production is still so small percentage-wise, doubling it will only have a minor effect on our use of fossil fuels.Here's an overview of the report:
- Ethanol production is slated to rise from 5.6 billion barrels last year to 13.5 billion in 2012.
- Nuclear energy will increase from our current 100.2 Giga-Watts to 118.8 GW by 2030.
- Renewable energy goes from 6.8 to 12.2 quadrillion Btu.
- US CO2 emissions will increase by 25% in 2030.
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