IEA’s ‘World Energy Outlook 2025’ report shows that the goal of
global decarbonisation is unlikely to be achieved and predicts that
demand for oil and natural gas will continue to grow beyond 2035.
The
end is nigh for the climate industrial complex, Vijay Jayayaj writes.
Its downfall is due to the sheer reality of energy economics in the
developing world.
“For developing nations, the primary threats
come from energy deprivation and economic stagnation, not ideologically
driven forecasts of a climate apocalypse,” he says.
The end is
nigh – not for the world, but for the climate industrial complex. It has
been a decline brought about mainly by the sheer reality of energy
economics in the developing world.
Published by the International Energy Agency (“IEA”), the ‘World Energy Outlook 2025’
reads like an obituary for the fantasy of global decarbonisation,
acknowledging the undeniable truth that nations prioritising prosperity
must unapologetically embrace coal, oil and natural gas...<<<Read More>>>...
