Irreversible Climate Change Looms Within Five Years
LONDON – Unless there is a “bold change of policy direction,” the world will lock itself into an insecure, inefficient and high-carbon energy system, the International Energy Agency warned at the launch of its 2011 World Energy Outlook today in London.
Coal-fired power generating station in Shanxi, China. (Photo courtesy Skoda Export) The report says there is still time to act, but despite steps in the right direction the door of opportunity is closing.
The agency’s warning comes at a critical time in international climate change negotiations, as governments prepare for the annual UN climate summit in Durban, South Africa, from November 28.
“If we do not have an international agreement whose effect is put in place by 2017, then the door will be closed forever,” IEA Chief Economist Fatih Birol warned today. (more…)