Tag Archives: International Energy Agency

Trucking In A Low Carbon Future

The ECOreport looks at a new International Energy Agency Report, the future of trucking in a low carbon world

By Roy L Hales

Trucks consume a fifth of the world’s oil. They also use half of the diesel. Unless actions are taken,  the demand from road freight is expected to grow 40% by 2050. A new report from the International Energy Agency (IEA) examines trucking in a low carbon future.

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Energy Investments In A Transitioning World

The ECOreport interviews Laszlo Varro, Chief Economist of the International Energy Agency (IEA) about energy investments in a transitioning world

By Roy L Hales

screen-shot-2014-03-18-at-3-43-47-pmThough most of the world’s energy investments are still in fossil  fuels, their iron grip is weakening. The largest source of power investment was the $313 billion put into alternate energy sources like wind and solar. According to Laszlo Varro, Chief Economist of the International Energy Agency (IEA), last year there were more renewables coming online than the entire growth of the energy sector. In many developing countries, wind and solar are less expensive than using imported gas to produce electricity. Laszlo Varro, Chief Economist of the International Energy Agency, described energy investments as the world transitions to a low carbon economy.
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