IEA acknowledges fossil fuel reserves climate crunch

November 12, 2012By Lorne StockmanBlog Post, Featured, Industry Updates, Resources 17 Comments

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