The IEA’s annual World Energy Outlook is out today and judging by the media attention it’s getting it might as well have been named, ‘U.S. Oil Boom Outlook’.
Day: November 12, 2012
IEA acknowledges fossil fuel reserves climate crunch
The International Energy Agency released its annual flagship publication today, the World Energy Outlook. The IEA made an historic statement in the executive summary. It said, “No more than one-third of proven reserves of fossil fuels can be consumed prior to 2050 if the world is to achieve the 2 °C goal”, the internationally recognized … Read More