Highlights of the IEA report In a flagship report due to be published next week by the International Energy Agency, the developed world's energy watchdog doubles its forecast the price for oil will reach by 2030 and predicts the era of cheap oil is over. Below are the report's highlights. (...) "Modern renewable technologies grow most rapidly, overtaking gas to become the second-largest source of electricity, behind coal, soon after 2010."
In a flagship report due to be published next week by the International Energy Agency, the developed world's energy watchdog doubles its forecast the price for oil will reach by 2030 and predicts the era of cheap oil is over. Below are the report's highlights.
(...)
"Modern renewable technologies grow most rapidly, overtaking gas to become the second-largest source of electricity, behind coal, soon after 2010."
Not sure how they get this number, but it's a stunning turnabout for the IEA, whose earlier predictions had wind power installations between now and 2030 at a yearly rythm half of the actually happening rythm last year. In the long run, we're all dead. John Maynard Keynes
20 years too late, but in the spirit of Obama's "Green Jobs" plan, better than 40 years too late. "Life shrinks or expands in proportion to one's courage." - Anaïs Nin
