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Press Quotes

12 November 2008, The Guardian
The International Energy Agency is to call today for an energy revolution and a "major de-carbonisation" of global fuel sources as the world confronts tighter oil supplies caused by shrinking investment. The energy watchdog is warning for the first time that oil output could pass its peak as power shifts from "super-majors" to national companies controlled by producer states. It highlights a potential oil-supply crunch.

12 November 2008, Reuters
The world will have to bet on extreme measures to avoid serious global warming, the International Energy Agency said on Wednesday, adding to growing worries that governments have under-estimated the problem. The world will have to suck greenhouse gases out of the atmosphere because it was too late to rely on gradual curbs in heat-trapping greenhouse gas emissions, it said.

12 November 2008, Reuters, South Africa
Energy exports from sub-Saharan Africa will rise significantly as the region opts to maximise foreign currency earnings rather than attend to domestic fuel needs, the International Energy Agency said on Wednesday.

12 November 2008, Tehran Times, Iran
The world must find an extra 64 million barrels a day of oil production by 2030, equivalent to replacing Kuwait’s output every year, to meet demand growth and counter the decline of existing fields, the International Energy Agency said.

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