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Fossil fuel use will peak within five years, says the World Energy Outlook 2022 from the International Energy Agency (IEA).
The 524-page outlook says the global energy crisis and Russia’s war have “turbo-charged” the shift away from fossil fuels.
For the first time, coal, oil and gas will each peak, even if countries fail to meet their climate pledges. The report says this will be a “pivotal moment” in history.
The findings pour cold water on “mistaken and misleading” ideas around the global energy crisis. IEA executive director Dr Fatih Birol says the “clean energy transition” is the “best way out” of the crisis. This can be a “historic turning point” for climate action, he adds, rather than a setback.
In-depth: Russia’s war means fossil fuels will peak within five years, IEA says - Carbon Brief https://www.carbonbrief.org/in-depth-russias-war-means-fossil-fuels-will-peak-within-five-years-iea-says/