"With a new report on energy decarbonization, the International Energy Agency has just made a major contribution toward implementing the greenhouse gas reduction agreements outlined at the recent UN climate negotiations in Lima (COP20)," Clean Technica reports. The article summarises Energy, Climate Change and Environment: 2014 Insights, which the online news service says "sorts out current energy decarbonization policy that could help mitigate climate impacts", including how it "ferrets out the links between air pollution policy and greenhouse gas emissions". Clean Technica's report also highlights the earlier World Energy Outlook special report "Redrawing the Energy-Climate Map" for its recommendations on clean-energy investment and policy for existing "locked-in" high emissions energy infrastructure.
Organisers of the Tube Arabia, Metal Middle East and Arabia Essen Welding & Cutting exposition cited an outlook by the International Energy Agency when they predicted during the four-day trade show that Gulf Cooperation Council members over the next five years will expand by more than 21,000 kilometers the region's pipeline network, making up about 16% of the global total, at an investment cost of about USD 18 billion.
In a summary of a new scientific assessment of how much cabon-based fuel can be burned without exceeding the internationally agreed limit on global temperature rise of 2 degrees Celsius, National Geographic included the World Energy Outlook projection that the world's total carbon budget will be exceeded ten years earlier than the 2050 benchmark unless action is taken soon.
The Energy Collective listed the IEA finding that co-generation and district heating is "an essential part of strategies for greenhouse gas emissions mitigation and energy security" as the first source in the web-based news service's article about co-generation's prospects in 2015, particularly in Europe.
In an in-depth commentary on the challenges and opportunities for the future use of coal, the Center for Strategic and International Studies based its demand outlook on the new IEA Medium-Term Coal Market Report, highlighting how India will become the world’s second largest coal consumer in the next few years and, together with Association of Southeast Asian Nations members, will represent two-thirds of coal demand growth to 2019. The commentary also quotes IEA Gas, Coal & Power Markets Division Head Laszlo Varro about growth in Asian consumption, including how Chinese cement and steel industries already use more coal than the entire United States.
In an interview with the US newspaper chain McClatchey, IEA Executive Director Maria van der Hoeven urged the United States to seize on the recent sharp decline in oil prices to increase the cost of carbon. ""Whether it is a carbon tax or you do it in a different way," she said, policy makers should "put a price on carbon. Because now with the low prices, the economy won’t be hurt, or will be less hurt, than in any other time so use that opportunity."
The Reuters news agency trumpeted IEA Executive Director Maria van der Hoeven's call at the United Nations climate negotiations in Lima for governments to seize advantage of lower oil prices to shift to cleaner and more efficient uses of energy. Ms. Van der Hoeven said the price drop offers leaders the chance to implement a tax on carbon emissions or cut incentives for hydrocarbon production, Reuters reported. "In fact, this is a golden opportunity," it quoted her as saying. "Policy makers can take actions unthinkable a year ago."
IEA Executive Director Maria van der Hoeven told The Guardian that the decision by the large German utility E.On to split its operations to concentrate on clean energy, power grids and energy efficiency services was a sign of the future. “I think it is very encouraging that a big utility is changing course because when we look at the electricity pie, it is not growing,” she told the British newspaper. “Demand is not growing in the EU and if you want to stay in business you have to do something about that. I think E.ON’s decision is a very interesting move.”
IEA Chief Economist Fatih Birol presented the World Energy Outlook findings to the Council on Foreign Relations in Washington, his 10th consecutive year appearing before the group. In an onstage discussion with Michelle Patron, senior director for energy and climate on the US National Security Council, Dr. Birol reminded the audience of policy makers, journalists and energy experts of the need to maintain, despite the recent drop in oil prices, investment in energy production to meet growing long-term demand. He also addressed oil subsidies, pointing out not only their deleterious impact on national budgets but how they encourage waste. According to the transcript published by Petroleum World, he said "from economic point of view, it is suicidal. It is the least, least economic thing that you can do in your life, such as to run your car, not by gasoline, but by Chanel."
Responding to a question during the launch of Energy Policies of IEA Countries: United States - 2014, IEA Executive Director Maria van der Hoeven addressed three policy steps to move forward in developing a low-carbon energy system. She called for eliminating the USD 550 billion in annual fossil-fuel subsidies, the magazine Forbes reported in one of three articles devoted to the launch of the report. "Another thing is, why not use this opportunity to put a price on carbon? ... And the third thing I would like to mention on this issue: We have done quite a lot in energy efficiency, in fuel efficiency, in renewables. These are assets that are of more importance than just low oil prices at the moment."