Thursday, 28 September 2023 13:36

Net zero goal still alive, says IEA - but the world still faces major obstacles to reach it

Written by
Rate this item
(0 votes)

The International Energy Agency (IEA) found that rates of solar panel installation and electric vehicle purchases are consistent with the pace necessary to achieve net-zero emissions by 2050. The IEA also stressed that by 2030, fossil fuel demand must fall by 25%, energy efficiency of homes and vehicles must double, and methane emissions from the oil and gas industry must fall by 75%. However, despite the rapid increase in renewable energy, fossil fuels remain an important source of energy, especially in Asia.

Read 705 times