Fossil fuel consumption is expected to peak or plateau within this decade, accelerated by the policy and trade flow shifts following the Russian invasion of Ukraine, the International Energy Agency (IEA) said on Thursday. For the first time ever, a World Energy Outlook scenario from the IEA based on the current government policies and settings has global demand for every fossil fuel showing a peak or plateau, the agency said in its World Energy Outlook 2022 published today.
Even natural gas, which was previously expected…IEA Expects Demand For All Fossil Fuels To Peak In The Next Decade
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