20 November 2010, Radikal, Turkey
Last week, the International Energy Agency (IEA) launched its annual World Energy Outlook and the gas forecast is still as depressed as in the aftermath of the financial crisis. That does not sit well with the large exporter Norway, who in increasingly will rely on the sale of gas as oil production has fallen by 40% since 2001. IEA Chief Economist Fatih Birol explained the forecast by adding that the European economy is weak and the continent is flooded by gas, amongst others by LNG ships from Africa and the East.
19 November 2010, The Australian
According to IEA Chief Economist Fatih Birol "the quickest way of combating global warming is to stop subsidizing fossil fuels, which are five times more public support for renewables worldwide. Fossil fuels got 312 billion dollar of public subsidies in 2009, whereas renewables received 57 billion."
18 November 2010, El Economista, Spain
The International Energy Agencys latest World Energy Outlook, released this month, contains sobering facts about where the main game must be when it comes to building a low carbon emissions world. It says while renewables-based power generation will triple between 2008 and 2035, solar energy will only ever account for 2 per cent of global electricity production.
18 November 2010, El Mundo, Spain
The renewable energy support from public funds, as far as governments can afford it, is fundamental to a world that needs security of supply and control the climate change. The opposite – removing all subsidies - can have a devastating effect for an industry which is every day more strategic, said IEA Chief Economist Fatih Birol today, presenting the latest World Energy Outlook.
18 November 2010, El Paìs, Spain
Regarding conventional crude oil production, we are now, in all likelihood, living in a "post-peak" world. According to its new report World Energy Outlook 2010, the IEA blames a number of factors for this: a combination of supply constraints due to below-ground geological resource limits, above-ground factors such as political obstacles to fully exploiting existing reserves (such as in Iraq) and international commitments to reducing fossil-fuel emissions to meet climate targets.
18 November 2010, Peoples Daily, China
IEA explains the doubts about China’s energy consumption differences: IEA Executive Director Nobuo Tanaka explained that IEA’s statistics include traditional biomass in total primary energy demand while those released by the Chinese government does not include traditional biomass and this generates 4-5% difference.
18 November 2010, Wall Street Journal
By 2035 gas production from the Caspian region could exceed 310 bcm, which is equal to three new Norways on the global gas market said Dr. Birol. He highlighted that Europe should be aware that in the future China will compete with it for the resources in the Caspian region. "We foresee that the share of unconventional gas will grow in total gas production, especially in the USA and Canada. We also have good signals from Australia and China. Exploratory activities are being undertaken in Europe, including in Poland" said Dr. Birol.
17 November 2010, China Energy Web
China’s biomass use, which the government excludes from its consumption estimates, placed the country ahead of the U.S. as the world’s largest energy consumer in 2009, the International Energy Agency said. Inclusion of “traditional biomass use” in rural areas, such as the burning of grain stems or wood for cooking, increases China’s energy consumption by four to five percent, Nobuo Tanaka, executive director of the Paris-based adviser said at a press conference in Beijing today.
17 November 2010, Bloomberg Businessweek
China has nudged to the pinnacle of world energy consumption rankings on the back of pig manure and other kinds of biomass fuel, according to the chief of the International Energy Agency, explaining why estimates differ. "We know what the difference is. Its about the coverage of data for energy consumption. Our energy consumption covers so-called conventional traditional biomass, mostly in rural areas," he told a news conference in Beijing to present the findings of the IEAs latest World Energy Outlook.
17 November 2010, Reuters Africa
“The energy world is facing unprecedented uncertainty’’, said International Energy Agency Chief Economist Fatih Birol. The global economic crisis of 2008 2009 threw energy markets around the world into turmoil and the pace at which the global economy recovers holds the key to energy prospects for the next several years. But it will be governments, and how they respond to the twin challenges of climate change and energy security, that will shape the future of energy in the longer term.