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IEA economist: ‘We have to leave oil before it leaves us’

Posted on 08 November 2011

The International Energy Agency (IEA)’s annual World Energy Outlook, due for publication on 9 November, will contain alarming research that the world is on track for a catastrophic rise in global temperatures unless fossil fuel subsidies are cut, energy efficiency is improved, and more countries introduce some form of carbon pricing.
When we look at the entire renewable energy projects worldwide – wind, solar, mini-hydro – we see that China will be adding the largest capacity worldwide in the next 20 years………………………………………..Full Article: Source


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VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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