The IEA’s new 1.5°C-aligned scenario finds “no need for investment in new fossil fuel supply.” This represents a break from past IEA reports that boosted new oil and gas development by focusing on scenarios that steered the world towards catastrophic levels of warming. This is a big step in the right direction.
investment
The IEA Comes Up Short on Climate (Again)
Today’s release of the World Energy Outlook (WEO) 2018 marked another missed opportunity for the International Energy Agency (IEA) to provide a roadmap to Paris success.
Major Investors Call for Paris-Aligned Energy Scenarios
288 major investors worth more than $26 trillion USD in assets are warning that we aren’t on track to meet the goals of the Paris Agreement and lack the tools needed to get there. In a public statement and policy brief released yesterday, the group which includes major pension funds, banks, asset managers, churches, … Read More
Off Track: IEA Briefing for Investors
How the IEA Guides Energy Decisions Towards Fossil Fuel Dependence and Climate Change
OFF TRACK: The IEA and Climate Change
How the International Energy Agency Guides Energy Decisions towards Fossil Fuel Dependence and Climate Change
Why Does the IEA Keep Forecasting Climate Failure?
There’s a battle taking place over how we think our energy future will unfold. And tomorrow, the organization that arguably holds a near monopoly over how most decision-makers perceive this future – the International Energy Agency (IEA) – will release its latest volley.
A fading future for the tar sands
Oil majors are dumping Canada’s tar sands assets and investors are walking away from new projects. It’s the latest sign that the massive expansion the industry planned at the start of this decade is quickly falling apart. Canada’s status as one of the highest cost, highest carbon sources of oil is hurting the industry and … Read More
Frozen Future: Shell’s Ongoing Gamble in the US Arctic
‘Frozen Future’ warns investors of the risks to shareholder value from Royal Dutch Shell’s Alaskan Arctic drilling program.