Working together to ensure reliable, affordable and clean energy

flag-pol flag-chi

Connect with us:

RSS LinkedIn You Tube

9 December 2009, Reuters, India

Speaking at a press conference in Istanbul on Wednesday 9 December, Fatih Birol, IEA chief economist, said in WEO’s reference scenario, global energy demand would increase by 40 percent by 2030, reaching an equivalent of 16.8 billion tones of oil. The projection is lower than that of last year’s report, reflecting the impact of the economic crisis and new government policies introduced over the past year.

9 December 2009, Hurriyet Daily News, Istanbul

IEA Chief Economist Fatih Birol’s editorial on Copenhagen Conference

9 December 2009, The Times

Dr Fatih Birol, IEA chief economist, speaking at the Copenhagen climate change summit said that 72p in every pound of new investment ought to be spent on clean energy, such as wind and solar, to hit current targets on global warming. The remaining 28p would be spent on nuclear and fossil fuels.

7 December 2009, Bloomberg

The International Energy Agency developed a climate-change policy scenario as part of its latest annual forecast because it wanted "to be part of the solution as well as part of the problem,". “Sixty percent of the world’s carbon dioxide emissions come from energy. We need to start acting now. It’s not going to be easy. But the alternatives are worse," said Richard Jones, IEA’s deputy executive director. IEA Chief Economist Fatih Birol added; "Actions are necessary despite a likely decline in global energy use in 2009 as a result of the financial and economic crisis".

7 December 2009, Oil&Gas Journal

In an interview with Dow Jones Newswires in Moscow, IEA Chief Economist Fatih Birol told that oil prices may rise in 2010 as "encouraging" economic data presage a global recovery. "If you look at the broader picture, there are definitely encouraging signs," including jobs numbers from the U.S., the worlds biggest oil and gas consumer. "In the longer term, we should definitely forget about the price levels we have seen in the last 15 to 20 years. The era of cheap oil is over." Birol said

7 December 2009, Morning Star

Oil prices above $70-80 a barrel could be risky for global economic recovery, IEA Chief Economist Fatih Birol told in an interview.“Price levels we see today betwen $70-80 dollars is a good price level for almost all investment, but if the prices would go higher than this, it would be risky for the global economic recovery." added Birol.

2 December 2009,

Financial Times Special Report on the theme “Understanding Energy Policy”

2 December 2009,

Now that U.S. President Barack Obama has given fresh impetus to climate-change negotiations in Copenhagen, corporate leaders supporting an agreement to control greenhouse-gas emissions are pressing anew for action. “We need a signal at Copenhagen to cap emissions by 2020 and a 2-degree scenario”. All the measures we suggest will bring energy security, because we’ll use less oil and more clean energy”, said in a phone interview Fatih Birol, IEA Chief Economist, who plans to visit Copenhagen for the second of the two weeks of talks.

1 December 2009, Liveoilprices

Environment experts have suggested that if China will achieve its announced-climate target of cutting carbon emissions per unit of gross domestic product (GDP) by 40-45 percent from 2005 levels by 2020, it should implement "substantial societal reforms". Fatih Birol, IEA Chief Economist told Nature News: "If the target is met, it would have significant implications for China and the rest of the world."

30 November 2009, Reuters, Warsaw

China may be the "champion of fighting against climate change" if government policies can be carried through to reach its energy efficiency goals while promoting renewable and nuclear power, said Fatih Birol, the chief economist at the International Energy Agency (IEA), presenting WEO 2009 at the seminar held by the Council on Foreign Relations. If China could reach all of its targets set for 2020, the country could reduce more than 1 billion tons of carbon dioxide emissions, or 25 percent of what the world has to reduce to achieve climate stasis. "Whether or not China could reach these targets, that we dont know. But look at their performance: They set a target, (and) they did it. There is no reason not to believe China could do it," Birol said.