IEA: Fossil fuel demand may peak before 2030, but could extend to 2050 with policy changes
TL;DR Summary
The IEA's latest outlook indicates that global fossil fuel use is expected to peak before 2030 under current policies, with coal near or at peak, oil around 2030, and gas by 2035, while renewable energy sources like solar and wind continue to grow rapidly. However, if policies are abandoned, global warming could reach 2.9°C by 2100, highlighting the importance of policy commitments for climate mitigation.
- IEA: Fossil-fuel use will peak before 2030 – unless ‘stated policies’ are abandoned Carbon Brief
- World Energy Outlook 2025 – Analysis IEA – International Energy Agency
- There’s a New Forecast for Peak Oil Demand. It’s Increasingly Cloudy. The New York Times
- Supply boom in cheaper renewables will seal end of fossil fuel era, says IEA The Guardian
- So long, peak oil: World demand could now grow until 2050, a top agency says CNN
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
11 min
vs 12 min read
Condensed
97%
2,295 → 65 words
Want the full story? Read the original article
Read on Carbon Brief