I have unfortunately no time to comment in any depth, but I think the newly released World Energy Outlook 2008 by the International Energy Agency (IEA) is a very significant and important document. It is unfortunate that the media hardly notice the substantial recent changes in viewpoint of these official "energy watchdogs" of the world. Because what they have to say is of enourmous importance for our future. Just a few citations from the executive summary:
"The world’s energy system is at a crossroads. Current global trends in energy supply and consumption are patently unsustainable — environmentally, economically, socially."
"It is not an exaggeration to claim that the future of human prosperity depends on how successfully we tackle the two central energy challenges facing us today: securing the supply of reliable and affordable energy; and effecting a rapid transformation to a low-carbon, efficient and environmentally benign system of energy supply. What is needed is nothing short of an energy revolution."
"Oil is the world’s vital source of energy and will remain so for many years to come [...]. But the sources of oil to meet rising demand, the cost of producing it and the prices that consumers will need to pay for it are extremely uncertain, perhaps more than ever."
"Preventing catastrophic and irreversible damage to the global climate ultimately requires a major decarbonisation of the world energy sources."
"The consequences for the global climate of policy inaction are shocking."
15 November 2008
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