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OKIsItJustMe

(19,938 posts)
Wed Jun 24, 2015, 09:40 PM Jun 2015

IEA sets out pillars for success at COP21—…strategy for … peak in energy emissions by 2020

https://www.iea.org/newsroomandevents/pressreleases/2015/june/iea-sets-out-pillars-for-success-at-cop21.html
[font face=Serif][font size=5]IEA sets out pillars for success at COP21[/font]
[font size=4]Report offers strategy for delivering a peak in energy emissions by 2020[/font]

15 June 2015 London

[font size=3]A peak in global energy-related emissions could be achieved as early as 2020 and at no net economic cost, the International Energy Agency said on Monday in its new World Energy Outlook Special Report on Energy and Climate Change. The Agency showed how to achieve an early peak in emissions as one of four key pillars that it believes are needed to make the upcoming UN climate talks a success, from an energy perspective.



A peak in global energy-related emissions could be achieved as early as 2020 if governments implement just five key policy measures, as shown in the IEA’s “Bridge Scenario”. This major climate milestone is possible utilising only proven technologies and policies, and without changing the economic and development prospects of any region. Intended as an effective bridge to further action, the five measures focus on:
  • Increasing energy efficiency in the industry, buildings and transport sectors
  • Reducing the use of the least-efficient coal-fired power plants and banning their construction
  • Increasing investment in renewable energy technologies in the power sector from $270 billion in 2014 to $400 billion in 2030
  • Gradual phasing out of fossil-fuel subsidies to end-users by 2030
  • Reducing methane emissions in oil and gas production

For countries that have submitted climate pledges for COP21, the proposed strategy identifies possible areas for over-achievement. For those that have yet to make a submission, it sets out a pragmatic baseline.

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