Global coal industry is set for rapid fall by 2040, according to IEA’s most climate-friendly scenario in the World Energy Outlook 2015.
International Energy Agency says it is critical to act on climate change, yet produces a 700-page annual document that looks at business as usual. But it still includes enough data to make a nonsense of Bjorn Lomborg’s claims on wind and solar.
A coal industry-sponsored study being circulated quietly this week is riddled with false suppositions and outdated and misleading numbers.
IEA says outlook for renewables excellent, with falling costs to help Paris climate talks. But Australia is one country where it has had to wind back its forecasts.
IEA and solar PV: The powerful and agenda-setting institution has finally discovered that solar energy is a cheap and competitive technology.
Key IEA report says climate pledges have so far fallen short, extending carbon budget by just 8 months. It has key message for Australia: coal consumption must peak before 2020, Australia’s inefficient coal fleet must be phased out, and wind and solar will underpin new investment to meet climate targets.
7 of the “ideas and developments” that have already helped these cleantech solutions break through big barriers, and/or will help them get to the next stage.
For first time, the rise in global greenhouse gas emissions has stopped, even as economic growth continues. The IEA credits the impact of solar and wind energy, and hydro. Others say it increases chances of a climate deal in Paris, as people understand a solution is at hand.
IEA presented its World Energy Outlook for 2014. For the first time ever, it looked ahead as far as 2040 painting a sobering picture.