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World Energy Outlook

"First of all I would like to welcome and thank the International Energy Agency, and in particular Fatih Birol, for his presence in Rome to present the World Energy Outlook 2013, which represents the most authoritative source for the global energy sector." H.E. Mr Flavio Zanonato – Italy’s Minister of Economic Development

“There are some tough decisions to be made. And it is important that the decisions we make are the right decisions. We get no second chance. I encourage anyone facing these decisions to take note of what World Energy Outlook shows.” Minister Martin Lindegaard, Denmark, 27 November 2013

“We must get real in the way we respond to the findings in the World Energy Outlook.” - Christoph Frei, Secretary General of the World Energy Council, in a statement issued on 13 November 2013

"The insights [the World Energy Outlook] provides are invaluable to those who must shape our energy future […] We do need reliable data, sound forecasts and deep knowledge of fundamentals to be able to address the challenges ahead of us. Industry and government decision makers all need the World Energy Outlook."
Gerhard Roiss, OMV CEO, 13 November 2013

The Honourable Joe Oliver, Canada's Minister of Natural Resources, today welcomed the International Energy Agency's (IEA) World Energy Outlook 2013. The IEA is the leading authority on global energy supply and demand trends. Its 2013 report emphasizes that global demand for oil will continue to grow and examines the changing global energy landscape, highlighting that energy demand is shifting decisively to the emerging economies of China, India and the Middle East.
The Honourable Joe Oliver, Canada's Minister of Natural Resources, in a statement issued on 12 November 2013

“The Ministers particularly welcomed the Special Report on “South East Asia Energy Outlook” which is published in connection with the IEA’s 2013 edition of the World Energy Outlook (WEO 2013) and ERIA’s East Asia Energy Outlook. This outlook provides a robust analysis of energy demand prospects, energy resources and supply potential, implications of energy development in balancing supply for domestic use, exports and impacts on energy security, environment and economy in the associated regions and is expected to be followed up by IEA in collaboration with ERIA. The Ministers also expressed appreciation to Thailand for hosting the IEA-ERIA Workshop on the ASEAN Energy Outlook on 7 May 2013.”
Ministerial Statement, Seventh East Asia Summit Energy Ministers Meeting (EAS EMM), Bali, 26 September 2013

“Today’s report highlights the urgent need to address the global issue of climate change, and Canada is doing its part."
Hon. Joe Oliver, Canada’s Minister of Natural Resources, and Hon. Peter Kent, Canada’s Minister of the Environment, in a statement on the IEA's World Energy Outlook Special Report issued on 10 June 2013     

“The IEA report that we have heard about today once again highlights that the energy sector is not only a key, but the key to progress on climate change. Mitigating climate change and moving towards a sustainable energy future is an obligation to future generations. But not only that. It is also a way to truly strengthen our economies and our societies.”
Speech by Ms. Anna-Karin Hatt, Swedish Minister for Information Technology and Energy, at Stockholm School of Economics, 14 June 2013    

“Redrawing the Energy-Climate Map is a serious report that must command not just our attention but a wider audience as well and it is a very welcome injection of scientific backed and up-to-date data, an injection into a debate that is becoming increasingly unscientific and marked by opinion rather than firm data. So this is a very very timely as well as important contribution. […] The fact remains that the best estimates we have suggest that if we continue to emit greenhouse gases at current levels or increasing levels, then according to the IEA report we are looking at temperature rises of between 3.6 degrees and 5.3 degrees and that is a truly scary prospect.”
Speech by the Rt Hon Gregory Barker, United Kingdom’s Minister of State for Climate Change, at London School of Economics, 12 June 2013

“Global emissions of greenhouse gases rose by 1.4 percent to a total of 31.6 billion tons in 2012, according to new estimates from the International Energy Agency (IEA). The new figures show the seriousness of the situation, said Solhjell. When we also know that we move around the limit of how much we can get out if we are to achieve two-degree target, it is acutely important to get turned emissions growth to decline, he said.”
Bård Vegar Solhjell, Norwegian Minister of the Environment, 10 June 2013

"The IEA report comes at a crucial moment for the UN Climate Change negotiations and for global efforts to address climate change at all levels. Once again we are reminded that there is a gap between current efforts and the engagement necessary to keep the world below a two degrees Celsius temperature rise. Once again we are reminded that the gap can be closed this decade, using proven technologies and known policies, and without harming economic growth in any region of the world. By seizing the opportunities described in the report, businesses and governments at all levels can catalyze limate action and open the political space for a universal climate agreement."
Statement by UNFCCC Executive Secretary Christiana Figueres on the occasion of the release of the International Energy Agency’s World Energy Outlook Special Report "Redrawing the energy-climate map”, Bonn, 10 June 2013

Welcoming the World Energy Outlook Special Report "Redrawing the energy-climate map" by the International Energy Agency (IEA), Climate Action Commissioner Connie Hedegaard said: "If we want to keep on track to limit global warming to below 2 degrees, we need serious and continued efforts." "This report confirms that measures exist that can help significantly reduce global greenhouse gas emissions quickly and at no net cost, with energy efficiency playing an important part. The time for action is now. Waiting will only increase costs in the longer term."
Connie Hedegaard, European Commissioner for Climate Action, in a statement issued on 11 June 2013

“In this very important analysis, the International Energy Agency has identified four clear, strong and credible policy measures which make sense for both the economy and the climate. Given that many rich countries are facing sluggish economic growth, governments should recognise the significant benefits of providing consistent policies that incentivise investments in new clean energy technologies instead of old, dirty and inefficient ones. [...] "The Agency’s message is crystal clear: dither and delay in making the transition to a low-carbon energy system will be risky and expensive.”
Nicolas Stern, Chair of the Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, statement issued on 10 June 2013

“The IEA’s report provides a road map to a cleaner, more secure future, it also adds to the mountain of analysis showing that smart, practical measures are readily available to cut carbon pollution – in ways that do not harm the economy. Indeed, as the report makes clear, delaying action on climate change is the most expensive path.” “It’s especially noteworthy to have such a report coming from the International Energy Agency, which was founded forty years ago to facilitate international coordination among oil-consuming countries. The fact that the IEA is issuing this report is a clear reminder that the real energy-related threat to economic prosperity is no longer an oil shock, but a climate shock."
Fred Krupp, president of Environmental Defense Fund, statement issued on 10 June 2013

“The IEA’s new report offers affordable and common sense measures to rein in energy-related emissions. The core steps are to increase energy efficiency; limit emissions from coal-fired power plants; reduce leakage of methane from oil and gas production; and cut subsidies for fossil fuels. Importantly, the report finds that these steps can be achieved with no net economic cost. [...] “As UN climate talks continue this week in Bonn, Germany, IEA’s analysis should jolt negotiators into a far greater sense of urgency to develop an ambitious and equitable climate agreement by 2015. At the same time, this agreement would not go into effect until 2020, so countries need to ramp up their ambition in the near term.
Andrew Steer, President and CEO, World Resources Institute, statement issued on 10 June 2013

The IEA must be complimented for bringing out the WEO Special Report ‘Redrawing the Energy-Climate Map’ at a time when there is rapid and growing realization globally that efforts to limit average global temperature rise to below 2 degrees C target are failing to be taken up at the required scales and rates, given that international negotiations have not moved forward as desired. Unlike several other studies that are increasingly talking about the 2 degree target being an impossibility to achieve now, it is heartening to note that the report is still optimistic that this target is not completely missed and is technically feasible, though challenging to achieve.”
TERI - The Energy and Resources Institute, India

“The IEA’s latest report demonstrates that a limited set of policy measures can help bring global temperature rise under control. “By implementing the recommendations of the report, governments can not only help to prevent run-away temperature rises but can also provide the stability and predictability in climate policy that many businesses are crying out for. “These measures could also bring enormous opportunities for industries that can offer climate solutions. Building and construction, clean energy, automotive, engineering, chemicals and technology are all sectors that stand to potentially benefit and should anticipate this opportunity for growth and creation of long-term value.”
Yvo de Boer, former Executive Secretary of the United Nations Framework Convention Climate Change and currently leader of KPMG’s Global Climate Change and Sustainability practice, in statement issued on 10 June 2013

The International Energy Agency has issued a stark warning that the world is likely to miss its goal of limiting rises in global temperatures to 2 degrees Celsius and outlined a four-point plan to wheel the strategy back on track. The proposal comes in a new Special Report in the IEA’s flagship World Energy Outlookseries, to which the EBRD contributed, entitled, “Redrawing the Energy-Climate Map”. The IEA says that current global action is not yet sufficient to achieve existing temperature goals. Nevertheless, the target remains technically feasible but requires an intensive response.
European Bank of Reconstruction and Development, statement issued on 10 June 2013

"The IEA just released a new report 'Redrawing the energy climate map', as part of the WEO.  It confirms that technologies for energy efficiency have a pivotal role to play in hitting the 2 degrees target without harming economic growth."
Jean-Pascal Tricoire, Chairman & CEO, Schneider Electric, 10 June 2013

“This timely ['Redrawing the energy climate map'] report highlights the increasing risks that society, investors and  companies are facing from insufficiently strong climate policies. Governments and the private sector need to strengthen their action and cooperation to create the necessary infrastructure investment that will reduce climate risks like flooding, while also contributing to economic growth.”
Caio Koch-Weser, Vice Chairman, Deutsche Bank, statement issued on 10 June 2013

European investors worth €7.5 trillion have today welcomed a report by the International Energy Agency setting out measures to reduce emissions and limit temperature rises up to 2020, when a new international agreement is due to come into force. [...] Stephanie Pfeifer, Chief Executive of the Institutional Investors Group on Climate Change, which represents some of Europe’s largest investors and asset managers, said: “At current rates of emissions the world is on track to exceed the two-degree temperature rise deemed safe to avoid dangerous climate change. This scenario threatens to have severe physical impacts and puts the investments and savings of millions of people at risk. Investors support strong and concerted climate action now to bring emissions down. The measures in this report could save trillions in future adaptation costs. But they will not be achieved without tough policy decisions, including putting a high price on carbon, phasing out billions in fossil fuel subsidies and introducing frameworks which stimulate investment in low-carbon energy.”
Institutional Investors Group on Climate Change, statement issued on 10 June 2013

Munich Re’s Rauch: We support @IEA's appeal for intensified action before 2020, like faster #renewable #energy development
Munich Re on twitter 10 June 2013

"I want to thank Dr Birol and his team for carrying out this work, and for producing a realist’s perspective on the development of Iraq’s energy sector. The Iraq Energy Outlook will now serve as a key document for Iraqi officials, planners and policy makers."
Ambassador of Iraq to France, Mr. Fareed Yaseen, presenting Dr. Birol with two special awards from the Iraqi Deputy Prime Minister, Hussein Al-Shahristani, and the Minister of Foreign Affairs, Hoshyar Zebari in appreciation of the work he and his team carried out for the Iraq Energy Outlook in 2012, 21 May 2013, Paris. See picture (Hurriyet). Read Dr. Birol's acceptance speech.

Quoting the latest World Energy Outlook of the International Energy Agency (IEA), the minister said that the current economic difficulties facing the world have not materially changed the market’s long-term outlook. “The shift in energy especially gas and reliance on fossil fuels will continue to dominate for the foreseeable future with China, India and the Middle East accounting for more than half of the incremental energy demand to 2035,” he said.
Sheikh Ahmed bin Mohammed Al Khalifa, Minister of Finance, Minister in Charge of Oil and Gas Affairs, Bahrain, 17 December 2012

"My guest today is one of those rare economists whose forecasts and prognostications have the power to move markets: Fatih Birol is the Chief Economist at the International Energy Agency. Every year he authors the influential World Energy Outlook which assesses the short and long term prospects for the supply and demand of energy in all its forms: fossil fuels, nuclear and renewables."
Stephen Sackur, BBC HARDtalk's presenter, 8 January 2013

"It is with great honor that the Ministry of Mines and Energy of Brazil welcomes the Chief Economist of the International Energy Agency, Dr. Fatih Birol, to present the 2012 version of the World Energy Outlook. This publication is an icon of the global energy sector. Every year, its thematic is updated, the methodology improved and, clear scenarios and trends are presented to help both public and private sectors in their decision-making. I have the pleasure to announce that, in the year 2013, the focused country for the World Energy Outlook will be Brazil."
Márcio Zimmermann, Deputy Minister of Mines and Energy of Brazil, 17 December 2012

“I am particularly pleased that we have here today Dr Fatih Birol to present such an authoritative publication.”
Corrado Passera, Italian Minister of Economic Development, 14 December 2012

“WEO is a very precious publication and a reference tool for the international community. This edition is particularly important for us as, presenting big changes in the international scene, allows us to make a reflection on Italy's energy strategy and how that fits in the global context.”
Corrado Clini, Italian Minister of Environment, 14 December 2012

"We need a common understanding of how to deal with global energy resources between North America and Europe, between industrialised and developing countries as well as between energy exporting and energy importing countries. In this complex situation, the IEA can be a lighthouse and the annual World Energy Outlook is the signpost towards a sustainable, efficient future."
Doris Leuthard, Minister - Head of the Federal Department of Economic Affairs of Switzerland, 11 December 2012

"World Energy Outlook is the annual analytical report that can help tackling the energy planning problem. It is the influential report that provides the information used by the world's leaders and leading organizations. The WEO does not only provide us the picture of future global energy sector but also draws the scenario that leads to proactive energy policy to create the sustainable energy future such as the 450 scenario. This scenario has brought the awareness to the world leaders on the climate change issue and provided the approaches to reduce green house gas emission."
Dr. Wichianchot Sukchotratvice, Vice-minister for Energy of Thailand, 6 December 2012

"It is an important issue which was flagged off in the G-20 meet by the US. It makes tremendous amount of sense because $400 to $700 billion a year is spent on fossil fuel subsidies and IEA data shows that only around 20 per cent goes to the poor people"
Todd Stern, US Special Envoy for Climate Change, article published by India Today, 5 December 2012

"Economic growth, energy security and environmental objectives are converging in common decisions. The World Energy Outlook 2012 edition gives important insights to the energy community that needs to elaborate views and strategies for the future. In this complex economic context, this Report is an authoritative source of information and analysis."
Fulvio Conti, CEO and Director General, Enel, 5 December 2012

“Every year, the IEA publishes the most important report on the energy calendar. This year, the World Energy Outlook identifies how the global energy map is changing. Developments in oil and gas production, combined with a rapid growth in wind and hydro are having a profound effect on international energy markets.”
Pat Rabbitte, Irish Minister for Communications, Energy and Natural Resources, 30 November 2012

"Schneider Electric has been engaged in innovation for energy efficiency for years and it is very encouraging to see the IEA producing the Efficient World Scenario to highlight energy efficiency as the #1 force to deal with the energy dilemma. We fully support the Policy framework in the Efficient World Scenario."
Jean-Pascal Tricoire, President and CEO, Schneider Electric, 29 November 2012

"We need to acknowledge that policies that are being implemented to address these issues have important implications also externally. It would be an illusion to think that countries or even regions can address these challenges on their own. As the IEA put it in its recent World Energy Outlook: there is no immunity from global markets."
Günther Oettinger, European Commissioner for Energy, speech at the 23rd Meeting of the Energy Charter Conference and Ministerial conference, Warsaw, 27 November 2012

"I would like to thank the IEA for this very comprehensive and well developed report. While focus in many countries is on shorter term economic topics, the World Energy Outlook reminds us that energy and climate issues have to be seen in a long term perspective and actions taken today will matter. I also would like to thank the IEA for picking up Energy Efficiency as an important driver to curb climate change."
Øystein Løseth, President and CEO, Vattenfall AB, 27 November 2012

"The 2012 World Energy Outlook is an indispensible report that provides important analysis and insights into global energy markets and bolsters our approach to trade diversification and the export of our nautral resources to countries that need them."
The Honourable Joe Oliver, Canada's Minister of Natural Resources, 26 November 2013

"1/2 IEA Fatih Birol called 523 bn $ fossil fuel subsidies in 2011 (up by 30 % from 2010) 'No.1 enemy of the fight against climate change
2/2 No wonder CO2 emissions continue in the wrong direction. Will bring the subsidies up in Doha COP18""
Connie Hedegaard, European Commissioner for Climate Action on twitter, 22 November 2012

"Dr Birol, I would like to thank you and your team for the World Energy Outlook which as usual is a comprehensive report containing data and analysis that is essential for energy policy planning."
Martin Lidegaard, Danish Minister for Climate, Energy and Buildings, 22 November 2012

"The World Energy Outlook 2012 once again points out the great diversity of developments in the global energy market. Above all, it shows the dynamics resulting from the changing resource situation. As a technology provider, the Outlook gives us key information about future technology setups and investment trends in the various regions. We use this valuable information as a reference to challenge our own market view."
Dr. Michael Süß, Member of the Siemens Managing Board, Energy Sector CEO, 22 November 2012

“The World Energy Outlook this year makes for yet another compelling read. One should not only read the last edition, but several past ones, as its messages have been consistently challenging us to check if our policy action is going in the right direction”
Philip Lowe, Director General DG ENER, European Commission, 20 November 2012

“As the IEA reminded us in this year’s World Energy Outlook, energy efficiency is a ‘key option’ and a ‘game changer’ in placing global energy systems onto a more sustainable path. […] Importantly, the IEA finds that the rapid deployment of energy-efficient technologies would postpone the lock-in of infrastructure-related carbon emissions to 2022. This would buy us an extra five years to limit global warming to 2 degrees.”
Martin Ferguson, Australian Minister for Resources and Energy, Minister for Tourism, speech at the Australian Institute of Energy National Conference, 20 November 2012

"I look forward to listen to the keynote from IEA’s Chief Economist, Doctor Fatih Birol, later this morning. The presentation of facts and numbers from the World Energy Outlook is a crucial part of our event today."
Ola Borten Moe, Norwegian Minister of Petroleum and Energy, speech at the Autumn Conference, 19 November 2012

"The World Energy Outlook helps us to realize that developments in one part of the energy market always influence what is happening in the other and vice versa. We know from this WEO that efficiency policy can make a substantial difference, and renewables will undoubtedly have gained ground in some of the markets where oil is now crucial."
Netherland's Ministry of Economic Affairs, 15 November 2012

“To make the right decisions today, we rely on the important analyzes of economists such as those producing the World Energy Outlook. Albert Schweizer once said: "It's dangerous to look to the future, but irresponsible, not to do it." So let's have a look at how the energy world is likely to develop over the next several years. Our job will then be to draw conclusions from the numbers and use these to help set the right course for the future.”
Dr. Reinhold Mitterlehner, Austrian Federal Minister of Economy, Family and Youth, 14 November 2012

"The United States is the most important driver of the global energy economy," said OMV CEO Gerhard Roiss, who underlined the IEA’s projections contained in the World Energy Outlook 2012. "The US is setting the most important course by rapidly expanding its oil and gas production."
Gerhard Roiss, OMV CEO, 14 November 2012

“IEA’s World Energy Outlook shows that policies to promote energy efficiency central to preventing 2°C temp rise”
Christiana Figueres, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) on twitter, 13 November 2012

“The World Energy Outlook expands the energy policy discussion that is often only held at national levels. Broadening one’s horizons is of utmost importance in order to be able to estimate the energy and climate policy challenges. I welcome the World Energy Outlook’s position in highlighting the role of energy savings and energy efficiency for solutions to long-term energy and climate problems. We see in it a confirmation of the “Energiewende” decided by the Federal government”
Stefan Kapferer, State Secretary in the German Federal Ministry for Economy and Technology, press release, 13 November 2012

“World Energy Outlook contains the scenarios and analysis of the global energy sector. […] This year's report has a special focus on energy efficiency. IEA’s recommendations within this area are very valuable. On the Swedish side we will have an immediate use of them now that we are about to introduce the EU energy efficiency directives.”
Anna-Karin Hatt, Swedish IT and Energy Minister, statement published on 12 November 2012

“The IEA’s conclusion reflects sound science. CO2 emissions from burning fossil fuels are destabilizing our climate. We cannot burn fuels like coal and oil indefinitely without paying the price in the form of climate instability, droughts, heat waves and super storms. The IEA has done the only responsible thing by prominently highlighting this in its report”
Samantha Smith, WWF’s Global Climate and Energy lnitiative leader, statement published on 12 November 2012

"Special thanks and appreciation to Dr Fatih Birol and his team in the International Energy Agency for preparing this highly informative and constructive report and findings on Iraq Energy Outlook and its present and future effect on Iraqi economy on the one hand and the world energy market on the other. The detailed analysis and projections of the report is an excellent contribution to the studies that are conducted by many international professional groups on Iraq energy, and constitute and authoritative evaluation of the future world oil demand and Iraq's oil potential and capabilities in meeting the expected demand."
Iraq's Deputy Prime Minister for Energy H.E. Dr. Hussain al-Shahristani, 10 October 2012

“The IEA’s [Golden Rules for a Golden Age of Gas] report undoubtedly will find recognition in the investor circles. Additionally, by underlining the importance of shale gas for the future global energy market, the report also confirms that it can be extracted in an environmentally safe manner by using technological best practices. The measures advocated in the report have for the most part been applied in Poland since a long time, and now they have a chance to be universally used in other countries in the world. The report under the authority of the IEA will be also of exceptionally useful help in discussion in European fora."
Piotr Wozniak, Poland Vice Minister for Environment, Chief Geologist, 29 May 2012

"Following Durban, it is of utmost importance for international negotiators to rely on credible, quantitative analysis to adopt effective and appropriate policy choices to mitigate climate change. The World Energy Outlook provides this authoritative analysis […] The Commission looks forward to the 2012 edition of the World Energy Outlook, as the authoritative source of information for countries around the world to implement smart energy and climate policies. This can contribute to a successful discussion at the Doha Climate Conference later this year. "
Connie Hedegaard, European Union Commissioner for Climate Action, 20 March 2012