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Page added on October 26, 2004

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New IEA Report on Energy – ”Reassuring” or ”Anything But”?

The International Energy Agency (IEA) just released its new report, “World Energy Outlook 2004″

The BBC says: “The world’s reliance on oil and gas is set to increase sharply as global energy demand soars by 60% over the next 25 to 30 years, an influential report predicts.

“Fossil fuels will continue to dominate global energy use, accounting for some 85% of the increase in world demand,” according to the World Energy Outlook 2004.

“The good news is that there is plenty of oil and gas in the ground to meet demand. `The Earth’s energy resources are more than adequate to meet demand until 2030 and well beyond,’ the report says.

“And the bad news? Well, where to begin? ….”

BBC News

IEA Press Release



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