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World Energy Outlook

17 June 2014, Bloomberg Businessweek

“Baghdad to Beijing is the new Silk Road of the global oil trade—oil from Baghdad and capital investment from Beijing,” Fatih Birol, chief economist at the IEA, told Bloomberg Businessweek in January 2013.

17 June 2014, The Toronto Star

Fatih Birol, chief economist at the IEA has said many times that if we don’t act rapidly on climate change, the results will likely be disastrous not only for the economy, but for humanity in general.

13 June 2014, World Bulletin

Fatih Birol, Chief Economist at the International Energy Agency, said that around US$1.6 trillion was invested in 2013 to provide consumers with energy. “Although there has been an increase on investments in the last decade, it is still for the last three years,” he added.

13 June 2014, The Energy Collective

IEA Investment Report: What is Right, What is Wrong

12 June 2014, ESI Africa

Meeting the world’s growing need for energy will require more than US$48 trillion in investment over the period to 2035, according to a special report on investment released today by the International Energy Agency (IEA) as part of the World Energy Outlook series.

7 June 2014, Sydney Morning Herald

Fatih Birol, chief economist of the International Energy Agency, told Fairfax Media the world is on course for the high end of that range - at least 3.6 degrees of warming - on current energy investment patterns. About $4 is spent on the extraction, transport and combustion of coal, gas and oil for every dollar spent on solar, wind and other renewables, the IEA said.

5 June 2014, Clean Technica

Meeting the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035, according to a special report on investment released [this week] by the International Energy Agency (IEA) as part of the World Energy Outlook series.

4 June 2014, The Times

The world needs to invest more than $48 trillion by 2035 to meet global energy demand and prevent oil prices spiralling out of control, according to the International Energy Agency.

4 June 2014, The Telegraph

Europe is at serious risk of power blackouts and may lose control of energy security without a radical overhaul of its shambolic policies, the world’s top energy watchdog has warned. “In Europe we are facing the risk of the lights going off. This is not a joke,” said Fatih Birol, the International Energy Agency’s chief economist

4 June 2014, Sydney Morning Herald

About $US300 billion ($325 billion) in fossil-fuel assets, such as coal, could be left in the ground due to efforts to combat climate change, according to International Energy Agency chief economist Fatih Birol.