In a recently released report, the Annual Energy Outlook 2013 (AEO2013), the US Energy Information Administration (EIA) projected the US energy markets through 2040. Their projections only take into account the effects of policies that have already been implemented in law or final regulations. The EIA found that the growth in energy production has outweighed the growth in consumption. This is due to many factors including rising crude oil and natural gas production through advanced technologies, new fuel economy requirements, and the increase in renewable fuels such as solar and wind. The result, EIA predicts, will be lower net CO2 emissions, five percent below the 2005 levels through 2040.