In its annual World Energy Outlook report, the International
Energy Agency states that an immediate investment in sustainable
energy is the only hope in preventing a global crisis in the
complete depletion of oil. According to the report, the
intensification of worldwide energy usage will, within a
generation, create an immense global climate change, threaten
energy security, and bring on the possibility of oil shortages
worldwide. Because of the enormous economic growth of China and
India, the IEA has become more concerned about the situation at
hand, and feels that we must find a way to move beyond fossil
fuels in order to ward off such a crisis. According to the
675-page report, China will surpass the USA as the world energy
leader. By 2015, their energy needs will grow 5.1% annually.
Their need for fuel will also quadruple for their growing fleet
of vehicles which is estimated to reach 270 million by 2030.
India’s projections are just as frightening. Even though the
growth of these two countries has impro