STATEMENT: IEA Report Finds "World Is Not On Track" to Meet Climate Goals
The International Energy Agency released a new report today, Redrawing the Energy-Climate Map, finding that global energy-related carbon dioxide (CO2) emissions in 2012 increased by 1.4 percent, reaching a record high of 31.6 gigatonnes. Energy-related emissions account for around two-thirds of total global greenhouse gas emissions. The report contains four specific recommendations to keep the world within 2 degrees Celsius temperature rise.
Following is a statement by Andrew Steer, President and CEO, World Resources Institute:
“Global energy-related greenhouse gas emissions are heading toward dangerous and unfamiliar territory. Projected temperature rise is approaching thresholds where the consequences would be truly dire. It’s not too late to prevent such an outcome, but the window to avoid dire impacts is closing quickly. These are some of the takeaways from the new report from the IEA, the autonomous organization focused on energy and economics, made up of 28 member countries.
“The common assumption is that action to reduce emissions is prohibitively expensive, but the evidence confirms that this is a flawed view. In fact, inaction is far more costly, risky and irresponsible. There are clear advantages to getting ahead and investing in low-carbon energy sources today, rather than trying to make corrections and retrofit equipment and infrastructure later on.
“The IEA’s new report offers affordable and common sense measures to rein in energy-related emissions. The core steps are to increase energy efficiency; limit emissions from coal-fired power plants; reduce leakage of methane from oil and gas production; and cut subsidies for fossil fuels. Importantly, the report finds that these steps can be achieved with no net economic cost.
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