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African countries are hardly alone in their refusal to accept global pressure to rush their transition from fossil fuels to renewable energy sources like solar, wind, and hydrogen power. In May 2021, the International Energy
By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). African countries are hardly alone in their refusal to accept global pressure to rush their transition from fossil fuels to renewable energy sources like solar, wind,. - Social News XYZ
IEA s Net Zero By 2050 Report: Credible Roadmap Or Unhinged Advocacy? forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
The influential International Energy Agency has called for a halt to all new oil, gas and coal exploration in a bid to secure the future of the planet by reducing carbon emissions to net zero by midcentury.
In a report released on May 18, the IEA also said that investment in green technology would have to double to $5 trillion over the next 10 years to meet the 2050 net zero target.
The recommendations come six months ahead of the 26th United Nations Climate Change Conference of the Parties, or COP26, in Glasgow in November, when world leaders will meet to discuss progress on curbing global warming and consider future action.