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Demand for fossil fuels predicted to start falling by 2030
Waiting for demand to fall will be too little too late, climate campaigners warn
Ocean Rebellion activists demonstrate by vomiting fake oil and causing a fire during a protest outside the International Maritime Organisation (IMO), central London, which coincides with a wider series of actions focussed on cutting ties with the fossil fuel industry, November 21, 2022
DEMAND for coal, oil and gas will start falling by 2030, according to a report released by the International Energy Agency today.
According to the IEA’s World Energy Outlook 2023, the share of fossil fuels in the global energy supply will decrease to 73 per cent from 80 per cent by the end of the decade.
The report also says that new emissions of greenhouse gases globally will peak by 2025.
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