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World fossil fuel demand to peak by 2030, transition to clean energy 'unstoppable': IEA

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The International Energy Agency’s (IEA) latest Net Zero Roadmap report said that while the “path to the 1.5 degrees Celsius target is narrowing”, there are “legitimate reasons to be hopeful.

By 2030, global demand for fossil fuel is set to peak and renewables are predicted to provide half of the world’s electricity, the report said. It added that the transition to clean energy happening worldwide is “unstoppable”. IEA’s Deputy Executive Director Mary Burce Warlick tells CNA’s Asia Now there has been signs of progress, particularly over the past year.

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World oil, gas, coal demand to peak by 2030, IEA saysLONDON: World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China's economy grows more slowly and shifts towards cleaner energy, the International Energy Agency (IEA) said, undercutting the rationale for any rise in investment.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »