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IEA says world needs $38 trillion of energy investment

Posted on 19 October 2011

Fatih BirolInvestments totalling $38 trillion are needed to meet projected global energy demand through 2035, and unrest in the Middle East and North Africa may disrupt this spending, according to the International Energy Agency.
Energy supplies may be threatened if unrest in energy- producing countries curbs oil and gas projects, Fatih Birol, chief economist at the adviser to 28 industrialized nations, said at a press conference in Paris……………………………………….Full Article: Source


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