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Policy news & blueprints for the transition to a new Sustainable and Social Economy
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IEA Investment Report - What is Right; What is Wrong

IEA Investment Report - What is Right; What is Wrong | The Great Transition | Scoop.it
Recently, the IEA published  a "Special Report" called World Energy Investment Outlook. Lets's start with things I agree with: 1. World needs $48 trillion in investment to meet its energy needs to ...
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Interesting reading by Gail Tverberg of the latest IEA investment report highlighting in particular the difficulty to finance the energy investments needed in the next 20 years.

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Fatih Birol (IEA): energy efficiency has been an epic failure by policymakers

Fatih Birol (IEA):  energy efficiency has been an epic failure by policymakers | The Great Transition | Scoop.it
Fatih Birol, chief economist of the Paris-based International Energy Agency, is the lead author of an eye-catching new report projecting that the United States will become the world's leading oil producer within a few decades.

 

Good to see Birol highlighting the role of energy efficiency, water scarcity and climate change and not focussing on the "energy-independent" US story. Confirms my view that this year's IEA report was "tweaked" by the Obama administration.

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IEA plots path to halving fuel used for road transport in under 40 years

IEA plots path to halving fuel used for road transport in under 40 years | The Great Transition | Scoop.it

Two reports released on Wednesday by the International Energy Agency (IEA) show how the right policies and technologies could improve the fuel efficiency of road vehicles by 50% by the middle of the century, saving as much as four-fifths of current annual global oil consumption.

 

Interesting report from the IEA again but are governments still listening to its policy recommendations? Just consider how its ideas on fighting climate change have been neglected up to now.

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How green is shale gas?

The rise of 'fracking' means the IEA is hailing a 'golden age for gas'. But what impact does shale gas have on the environment? Leo Hickman, with your help, investigates.

 

Good overview of immediate reactions to today's IEA report on "golden rules" for the golden age of gas.

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Global carbon-dioxide emissions increase by 1.0 Gt in 2011 to record high

Global carbon-dioxide emissions increase by 1.0 Gt in 2011 to record high | The Great Transition | Scoop.it

Global carbon-dioxide (CO2) emissions from fossil-fuel combustion reached a record high of 31.6 gigatonnes (Gt) in 2011, according to preliminary estimates from the International Energy Agency (IEA). This represents an increase of 1.0 Gt on 2010, or 3.2%. Coal accounted for 45% of total energy-related CO2 emissions in 2011, followed by oil (35%) and natural gas (20%).

 

Are there any more words to attack this stupidity of our so-called world leaders? Start preparing for the final reckoning.

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Overseas aid to Africa being outweighed by hefty costs of importing oil

Overseas aid to Africa being outweighed by hefty costs of importing oil | The Great Transition | Scoop.it
Sub-Saharan states need to move to renewable energy sources as $15bn in aid is outstripped by $18bn in oil imports, says IEA...

 

But not only Africa is affected. Europe will suffer competitiveness loss as a result of oil dependence. "...for every $1 that countries do not spend on cleaner fuel, they will have to spend $4.3 within the next two decades to make up, for their reliance on fossil fuels".  EU oil bill is more than 550bn per year, the "equivalent of a Greek crisis - very year".

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Renewable energy becoming cost competitive, IEA says

Renewable energy becoming cost competitive, IEA says | The Great Transition | Scoop.it

(Reuters) - "Renewable energy technology is becoming increasingly cost competitive and growth rates are in line to meet levels required of a sustainable energy future, the International Energy Agency said in a report on Wednesday."

 

Hopefully this new study from the IEA will finally stop the ideological attacks by renewable energy opponents against the "high costs" of renewables.

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IEA draft: Nuclear to fall as power demand

IEA draft: Nuclear to fall as power demand | The Great Transition | Scoop.it

(Reuters) - "The Fukushima disaster could lead to a 15 percent fall in world nuclear power generation by 2035, while power demand at the same time could rise by 3.1 percent a year, according to a.draft copy of the International Energy Agency's 2011 World Energy Outlook."

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Carbon capture progress has lost momentum - the Guardian

Carbon capture progress has lost momentum - the Guardian | The Great Transition | Scoop.it

The International Energy Agency is warning that CCS is being left behind due to financial crisis and weakening political will...

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IEA Says the Party’s Over

IEA Says the Party’s Over | The Great Transition | Scoop.it
The International Energy Agency has just released a new special report called “World Energy Investment Outlook” that should send policy makers screaming and running for the exits.
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Great analysis by Richard Heinberg of the international Energy Agencies recent 'World Energy Investment Outlook'. World needs at least 48 trillion dollars investments through 2035.

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IEA Oil Forecast Unrealistically High; Misses Diminishing Returns

IEA Oil Forecast Unrealistically High; Misses Diminishing Returns | The Great Transition | Scoop.it

"The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the United States will become the world’s largest oil producer by around 2020, and North America will become a net oil exporter by 2030."

 

Excellent critical analysis by Gail Tverberg of the over-optimistic new World Energy Outlook of the IEA.

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IEA Laments Failure to Deploy Clean Energy

New report from the International Energy Agency says countries must speed up use of existing technologies to address climate change.

 

This "Energy Technology Perspectives 2012" report is another IEA call for more political action but will have little influence on debt-obsessed policymakers.

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Launch of IEA report: Golden Rules for a Golden Age of Gas

Launch of IEA report: Golden Rules for a Golden Age of Gas | The Great Transition | Scoop.it

The International Energy Agency will next week (29 May) launch an important report on the "golden rules" for governments and industry if they are to overcome serious risks and concerns (social and environmental) about the Golden Age of Gas.

 

There will be a special presentation of this report by Fatih Birol, IEA's chief economist, in the European Parliament in Brussels on Wednesday, May 30, at 09h30.

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Governments failing to avert catastrophic climate change, IEA urges

Governments failing to avert catastrophic climate change, IEA urges | The Great Transition | Scoop.it
Ministers attending clean energy summit in London to be gravely warned about continuing global addiction to fossil fuels...

The IEA under the leadership of Fatih Birol and now also new executive director Maria van der Hoeven, is one of the only international institutions with the guts to tell things as they are.

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High praise for Denmark's long-term energy vision

The International Energy Agency has commended Denmark for its energy policies. Denmark is a world leader for renewable energy, energy efficiency and climate change.

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IEA World Energy Outlook 2011 raises the alarm bells ... again!

The newest World Energy Outlook report of the International Energy Agency warns that the world is "locking itself into an unsustainable energy future" with dramatic consequences for climate change.


It also explains that  for every dollar "saved" now by not investing in clean energy and remaining in denial about the climate/energy crisis, the world will have to spend 4.30 dollars in the mid-term future to fight the effects of increased emissions and energy scarcity.


The IEA has been ringing the alarm bells year after year but is anyone really listening?




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IEA sees dire energy future for the planet

IEA sees dire energy future for the planet | The Great Transition | Scoop.it

During its annual ministerial meeting held on 18-19 October in Paris, ministers and officials of the IEA’s 37 member countries heard a very gloomy analysis of the world’s big energy challenges. According to the IEA’s World Energy Outlook 2011 (which will be officially launched on 9 November in London) the world is facing an expensive, dirty and climate-changing energy future.

 

Interesting to see the clash between the pessimistic analysis IEA ministers make and their continuing dreams that gas and technology will be able to provide answers.

 

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