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1.5°C: IEA’s scenarios will fail, need urgent review says letter from experts, business leaders

April 8, 2019 by Hannah McKinnon

The letter’s signatories – experts, business leaders, politicians and more - call on the IEA to make the 1.5°C target the central scenario in its highly influential annual World Energy Outlook. At present, its “New Policies Scenario” puts us on track for between 2.7°C and 3.3°C. That's a problem, because too many energy decision-makers cite it as an acceptable guide, making it a self-fulfilling prophecy. Even the “Sustainable Development … [Read more...]

Filed Under: Climate policy, Energy Tagged With: business, carbon, fossil-fuels, ghg, IEA, Paris2050, policies, WEO

IEEFA: IEA’s Sustainable Development Scenario is not enough

March 18, 2019 by Tim Buckley

The IEA’s Sustainable Development Scenario (SDS) – if it’s followed - sees the world limiting the temperature rise to below 2°C. Even if we stick to the plan the SDS gives us only a 50% chance of success. Tim Buckley at IEEFA says those odds are not good enough. Worse, the SDS depends on carbon capture and storage (CCS) achieving commercialisation at scale by 2030. The author explains why he thinks that’s unrealistic, and calls for the IEA to … [Read more...]

Filed Under: Climate policy, Energy Tagged With: CCS, financing, IEA, Paris2050, policies, SDS, WEO

IEA: Future is electric and increasingly renewable

December 14, 2018 by Fereidoon Sioshansi

"The IEA is no longer the conservative bastion of oil it once was" writes Fereidoon Sioshansi. Distilling all 650 pages of their latest Outlook, he summarises how the pressing need to address climate change means the dwindling supremacy of oil is giving way to a growing role for electricity that will, amongst other things, cater for 1 billion EVs by 2040. Courtesy EEnergy Informer … [Read more...]

Filed Under: Climate policy, Energy, Energy Outlooks, Oil, Gas & Coal, Renewables, Transport and energy Tagged With: climate change, coal, EV, IEA, oil, WEO, World Energy Outlook

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  • Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030
  • Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs
  • Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices
  • Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches?
  • U.S. Inflation Reduction Act: one year on, a summary of impressive progress in the energy transition
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        Recent Posts

        Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030

        Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs

        Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices

        Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches?

        U.S. Inflation Reduction Act: one year on, a summary of impressive progress in the energy transition

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