John Hennessy III,
P.E.
Energy‐related carbon dioxide (CO2) emissions decreased by 89 million metric tons(MMmt), from 5,259 MMmt in 2015 to 5,170 MMmt in 2016. Although real gross domestic product (GDP) increased 1.5% over that period, other factors contributing to energy-related CO2 emissions more than offset the growth in GDP, leading to a 1.7% decline in energy-related CO2.
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Global consumption of petroleum and other liquid fuels is estimated to have grown by 1.4 million b/d in 2015. EIA expects global consumption to increase by 1.5 million b/d in 2016 and by 1.4 million b/d in 2017, mostly driven by growth in countries outside of the Organization for Economic Cooperation and Development (OECD). Non-OECD consumption growth was 0.9 million b/d in 2015, and it is expected to be 1.2 million b/d in 2016 and 1.3 million b/d in 2017.
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