Renewables Nov 20, 2019 1:49 PM
These are the measures that the International Energy Agency (IEA) suggested governments to follow, to face climate change.
“The world needs to focus its attention on reducing pollutant gas emissions. To achieve that, there needs to be a great coalition between governments, investors, businesses and all those who are part of the fight against climate change,” IEA’s Fatih Birol said.
The expert added that he sees with concern the fact that the response of governments and the industry “is far from satisfactory,” recalling that energy demand increased significantly last year, as did CO2 emissions linked to energy production, “reaching their highest historical level.”
The expert, El Espectador said, added that among the necessary changes to face climate change are reducing energy demand by 2040, thanks to policies based on achieving energy efficiency.
He concluded by saying that oil consumption needs to decrease to 65mmbd by 2040; a level achieved in the early 1990s, compared to the 97mmbd registered last year.
Bottom-line: Lowering the world’s temperature is one of authorities’ biggest challenge, and will only be achieved though political will.
Fossil fuels might not go anywhere in the near future, but natural gas, for instance, will become an important part of the energy transition worldwide.