Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

New IEA outlook: With renewable energy ‘unstoppable,’ fossil fuels will peak by 2030

According to the International Energy Agency (IEA), the transition to Renewable Energy is "unstoppable," but even this shift won't be enough to meet global targets for limiting global warming. The IEA predicts that global fossil fuel use will peak by 2030 and decline afterward, particularly coal, which is expected to drop by about 40% over three decades. Offshore wind projects will receive three times more funding than coal and gas power plants, and the number of electric cars on the road will increase tenfold. However, without significant investments in the next 10 years, limiting global temperature increase to the Paris Agreement's target of 1.5 degrees Celsius is uncertain.

The post New IEA outlook: With renewable energy ‘unstoppable,’ fossil fuels will peak by 2030 appeared first on Balanced News Summary.



This post first appeared on Balanced News Summary, please read the originial post: here

Share the post

New IEA outlook: With renewable energy ‘unstoppable,’ fossil fuels will peak by 2030

×

Subscribe to Balanced News Summary

Get updates delivered right to your inbox!

Thank you for your subscription

×