IEA’s Birol ‘optimistic’ amid ‘huge challenges’
Governments need to take a leading role in supporting technological development and tackling the emissions of legacy power and industrial facilities, he says
There are still “huge challenges” to meeting Paris Agreement emissions targets that will require greater levels of technological development and government support to overcome, according to Fatih Birol, executive director of the Paris-based IEA. “A key issue is for the governments and investors to make the right technology policies and make the right technology investments. This is extremely critical,” said Birol at the launch of the IEA’s Energy Technology Perspectives (ETP) report this morning. Birol cautions that the climate debate is “overwhelmingly” concentrated on the electricity sector, but even if it achieved zero emissions that would not be enough, as it accounts for 38pc of total e
Also in this section
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind
29 April 2024
Although recent, firmer gas prices have blunted some price-sensitive demand, the overall growth outlook remains robust
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing