
IEA: Fossil fuel demand may peak before 2030, but could extend to 2050 with policy changes
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.


