Permits for the exploitation of new oil and gas deposits, coal mines or mine expansion should be suspended this year, says the annual World Energy Outlook, a report by the International Energy Agency (IEA), clearly. This report outlines expectations for energy supply and demand for the coming decades and serves as a benchmark for governments and businesses. IEA treated the zero-emission energy system in 2050 as the base scenario for its estimates for the very first time.
"The IEA forecast shows that decarbonizing the electricity sector is the most powerful tool to close the gap between current ambitions and what is needed to keep warming below 1.5° C by 2030," Dave Jones, program director at a German energy think tank Ember, said.
For this to succeed, the global climate revolution must accelerate rapidly. According to the IEA, the electricity sector must be fully decarbonized by 2035 in advanced economies and by 2040 in all countries. Sales of new cars with internal combustion engines must also be completed by 2035. Not only in Europe, which already has such plans, but all over the world.