Ann Arbor (Informed Comment) – The International Energy Agency signaled last week that the rate of increase in world petroleum demand fell in the second […]
Tag: IEA
The International Energy Agency, in a new report that is just out, estimates that 90% of new global electricity demand through 2025 will be met by low-carbon sources — renewables and nuclear. It is mostly renewables, but the report mentions the French bringing their reactors back on line and the building of a few new nuclear plants in China, Japan, India and South Korea.
Source: IEA: Renewables plus Nuclear are able to meet 90% of Globe’s New Electricity demand Through 2025
“It is now beyond doubt that there is no need for further coal, oil, and gas exploration if we are to avoid the most dangerous impacts of climate change.”
Source: IEA Sends Clear Message to World Leaders: Stop Investing in New Oil and Gas
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