Global renewable investments must double by 2020, says IEA

Global investments in renewable energy must double by 2020, according to the International Energy Agency (IEA). It said an investment of $23.9 trillion (£15 trillion) is needed to prevent global temperatures from rising beyond 2°C. The IEA’s Energy Technology Perspectives 2012 book states the figure should rise to $140 trillion (£90 trillion) by 2050. It […]

New technology ‘revolution’ could transform energy system, says IEA

New technologies could potentially offer a drastic reduction in carbon emissions and increase energy security, according to the International Energy Agency (IEA). The Energy Technology Perspectives 2012 book launched today explains how technology can transform the energy system and generate huge benefits for the economy by 2050. The publication also shows how improvements in energy […]