IEA sees global emissions peaking in 2025 ...Middle East

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PARIS: The International Energy Agency said Wednesday it believes global emissions will peak in 2025 as surging energy prices due the Russian invasion of Ukraine propel investment in renewables.Only last year the IEA said there was “no clear peak in sight” in energy emissions, but the new higher investment in wind and solar is setting up demand for all fossil fuels to peak or plateau, leading to a drop in emissions.“The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system,“ the IEA said as it released its latest annual World Energy Outlook rep

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IEA sees global emissions peaking in 2025 ...Middle East

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