Looks like Gore and Hansen and Climate Progress were right, all along. We must reverse our energy path in the next decade or suffer the consequences, according to a new report by the International Energy Agency. Indeed, the headline comes from their dire press release.
The New York Times reports the story this way:
China’s and India’s surging fuel consumption poses a growing challenge to the world’s energy systems and, unless curbed, will strain global oil trade, push up prices and lead to substantially higher carbon dioxide emissions in coming decades, according to a report by an influential energy organization scheduled for release today.
In unusually urgent tones, the International Energy Agency, which provides policy advice to industrial nations, urged advanced economies to work with China and India to cut overall growth in energy consumption.”
[Note to IEA and world: Duh!]
“There is a need for an electroshock,” said Fatih Birol, the agency’s chief economist and the lead author of its flagship publication, The World Energy Outlook [WEO]. “We have to act immediately and boldly.”
Birol told the Financial Times: “We want more action, instead of more targets and more meetings and more talks.”
Finally, someone talking sense! Back to the New York Times:
“This is a very worrying message,” Mr. Birol said. “China and India are transforming our energy markets. We have a window of opportunity of 5 to 10 years before it becomes unsustainable and irreversible.”
The IEA does acknowledge the benefits of China’s and India’s growth: