The International Energy Agency (IEA), a body linked toUnited Nations Organization (UN), is making a prediction that could mark a crucial moment in history.
According to the IEA, the world is on the verge of the beginning of the end of the fossil fuel era, signaling a significant change in the global energy matrix.
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This outlook will be detailed next month with the launch of the World Energy Outlook, the IEA's flagship publication offering projections and analysis on global energy.
IEA Executive Director Fatih Birol declared that the world is on the brink of a historic turning point.
Furthermore, he indicated that current trends and ongoing actions are paving the way for a global energy transition. large scale, gradually moving away from fossil fuels towards more sustainable energy sources and renewable.
The fall of oil, gas and coal
The IEA executive director's statement about the beginning of the end of the fossil fuel era carries crucial implications in the battle against climate change.
The imminent transition not only signals a new chapter in the global energy matrix, but also anticipates the peak of greenhouse gas emissions, a fundamental milestone in the quest to reduce the impact of human activities on the climate of the planet.
As pointed out by the executive director of the AIE, recent projections indicate that the growth of vehicles electricity, particularly in China, is driving oil demand toward a possible peak before 2030.
Furthermore, after a decade of persistence, demand for coal is forecast to peak in the coming years, and the era of gas prosperity is coming to an end.
Fatih Birol also highlighted that this change in scenario is a direct consequence of the increased use of renewable energy in electricity generation.
He mentioned Europe's rapid transition to alternative energy sources as a result of the crisis triggered by Russia's invasion of Ukraine.
These factors combined are contributing significantly to the decline in the use of fossil fuels such as gas and the rise of cleaner, more sustainable energy sources.
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