Dive Brief:
- The International Energy Agency (IEA) in its Global Outlook says emissions will increase 20% by 2035 if current trends continue. It calls for larger energy efficiency programs to mitigate the emissions’ effect on global temperatures.
- Meanwhile, the center of gravity for energy demand is switching decisively toward India, China and the Middle East as those economies grow.
- Renewables will continue to supply about 45% of new global generation capacity over the next 20 years, with manufacturing of the technologies to be dominated by China.
Dive Insight:
The IEA admits that emissions are projected to cause temperatures to rise well above previously agreed to targets. These worldwide projections and the economic advantages of unconventional gas are creating a scenario that would force policymakers to make difficult, either-or choices.