IEA: Fossil Fuels Peak Delayed, Energy Transition Slower

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Sydney News Today | 2 Min News | The Daily News Now!

The Daily News Now!

989 episodes

5 hours ago

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IEA: Fossil Fuels Peak Delayed, Energy Transition Slower

Sydney News Today | 2 Min News | The Daily News Now!

1 minute 55 seconds

20 hours ago

IEA: Fossil Fuels Peak Delayed, Energy Transition Slower

The International Energy Agencys latest report reveals a shift in perspective on fossil fuels, with demand potentially peaking later than previously thought. This change is due to governments backpedaling on clean energy commitments and a surge in global electricity demand. The IEAs updated scenarios now suggest oil and gas demand may not peak until at least 2050, indicating a longer transition away from fossil fuels.

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