Tue, Jul 29, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Energy, Investment more

IEA says extra $44 tn needed for clean energy future

Posted on 13 May 2014

The global cost of securing a clean energy future is rising by the year, the International Energy Agency (IEA) warned Monday, estimating that an additional $44 trillion of investment was needed to meet 2050 carbon reduction targets. Releasing its biennial “Energy Technology Perspectives” report in Seoul, the agency said electricity would increasingly power the world’s economies in the decades to come, rivalling oil as the dominant energy carrier.
Surging electricity demand posed serious challenges, said IEA executive director Maria van der Hoeven. “We must get it right, but we’re on the wrong path at the moment,” Van der Hoeven told reporters in the South Korean capital………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36171 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031