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End new oil, gas, and coal funding to reach net zero, says IEA


BusinessWorld
May 19, 2021 | 5:15 pm
PIXABAY
LONDON — Investors should not fund new oil, gas, and coal supply projects if the world wants to reach net zero emissions by mid-century, the International Energy Agency (IEA) said on Tuesday, in the top global watchdog’s starkest warning yet to curb fossil fuels. 
 Any abrupt halt to new oil and gas projects by next year still appears unlikely, however, as energy majors’ spending plans still tilt heavily towards hydrocarbons, and oil-producing nations such as Norway plan new licensing rounds. 
“The pathway to net zero is narrow but still achievable. If we want to reach net zero by 2050, we do not need any more investments in new oil, gas and coal projects,” Fatih Birol, the IEA’s executive director, told Reuters.  ....

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IEA Says Climate Goals Out-of-Reach with Continued Investment in Fossil Fuels – gCaptain


By Nina Chestney
LONDON, May 18 (Reuters) – Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero emissions by mid-century, the International Energy Agency (IEA) said on Tuesday, in the top global watchdog’s starkest warning yet to curb fossil fuels.
Any abrupt halt to new oil and gas projects by next year still appears unlikely, however, as energy majors’ spending plans still tilt heavily towards hydrocarbons, and oil-producing nations such as Norway plan new licensing rounds.
“The pathway to net zero is narrow but still achievable. If we want to reach net zero by 2050 we do not need any more investments in new oil, gas and coal projects,” Fatih Birol, the IEA’s executive director, told Reuters. ....

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dmg events Launches the Citizens Energy Congress to Accelerate Transition to a Low Carbon Energy Future


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World-class congress to take place virtually from June 15-16.
Congress will bring together a broad spectrum of stakeholders to map out a bold new approach to how energy is produced, distributed, and consumed.
LONDON, April 29, 2021 /PRNewswire/ dmg events announced the launch of the Citizens Energy Congress, a unique energy industry event committed to resetting the energy agenda, post COVID-19, to drive the transition to a low carbon energy system that balances affordable energy access and climate change commitments.
The Citizens Energy Congress will be a virtual event taking place from June 15-16. It will connect the fragmented, divergent, and polarising perspectives around energy and accelerate the industry s response to growing pressure for a bold new approach to how energy is produced, distributed, and consumed. ....

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