Working together to ensure reliable, affordable and clean energy
World Energy Outlook

First, it’s worth clarifying that the International Energy Agency is no den of Greenpeace radicals; the U.S. and other advanced capitalist countries established the organization in the wake of the OPEC oil embargo in 1973. The IEA’s analyses of global energy trends and technologies have been relied upon by government finance ministries, corporate planners, and academic specialists throughout the world for decades. The two-thirds imperative was enunciated in the 2012 edition of the IEA’s annual World Energy Outlook : “No more than one-third of proven reserves of fossil fuels can be consumed prior to 2050 if the world is to achieve the 2 degrees C goal, unless carbon capture and storage (CCS) technology is widely deployed. This finding is based on our assessment of global ‘carbon reserves,’ measured as the potential CO2 emissions from proven fossil fuel reserves.” Barack Obama, Bloomberg Businessweek, 26 June 2014

"The current IEA report should be a wake-up call for all. He confirmed for Europe, which dena says Germany for a long time : We endanger the security of electricity supply if we do not invest heavily in new conventional power plants. The need for investment very quickly for Southern Germany, as it is not to expect a rapid network expansion. And to make it possible for these investments, we need more attractive framework, so-called capacity markets. Stephan Kohler, Chief Executive of the German Energy Agency (dena)

"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