Electricity to emerge as the ‘new oil’ of the global energy system: IEA
September 26, 2023 Comments Off
The International Energy Agency urged governments Sept. 26 to keep geopolitics out of climate change talks while underlining the significance of electrification in the global pursuit of reaching net zero by 2050. In its updated 2023 Net Zero Roadmap, the IEA marginally softened its stance on upstream projects, saying no “no new long-lead-time upstream oil and gas projects” were needed….
Electricity to emerge as the ‘new oil’ of the global energy system: IEA
The International Energy Agency urged governments Sept. 26 to keep geopolitics out of climate change talks while underlining the significance of electrification in the global pursuit of reaching net zero by 2050. In its updated 2023 Net Zero Roadmap, the IEA marginally softened its stance on upstream projects, saying no “no new long-lead-time upstream oil and gas projects” were needed….
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