EcoWatchMay. 18, 2021 11:31AM EST
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Oil Change InternationalIEA's Climate Model Says No More Fossil Fuel Extraction
The IEA has released its first-ever fully-fledged energy scenario that is in line with the urgent goal of limiting global warming to 1.5 degrees Celsius (°C). The scenario has a section titled "Summary for Policymakers" where the IEA outlines, "There is no need for investment in new fossil fuel supply in our net zero pathway."
It's a huge step away from previous ideas pushed by the agency. In the past, the IEA has boosted new oil and gas development, but has begun to join the call from other organizations and advocates to
stop the expansion of fossil fuel extraction.
Read more:
https://www.ecowatch.com/international-energy-agency-fossil-fuels-climate-2653023817.html