International Energy Agency projections have consistently failed to track the huge growth of renewables – yet many fossil fuel companies present their figures as fact
International Energy Agency (IEA) projections that show the world will continue its heavy reliance on fossil fuels deep into this century are uncertain and being used to mislead governments and shareholders, according to a new report.
The fossil fuel industry commonly cites modelling by the IEA, an intergovernmental organisation considered to be an authoritative source of information on energy, which finds demand for their products increasing until at least 2040.
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Source: Guardian Environment