Climate: the IEA predicts a global peak in energy-related CO2 emissions from 2025

Published on: 27/10/2022 – 08:41 The latest report from the International Energy Agency published on Thursday estimates that the global peak in CO2 emissions should be reached in 2025, in particular due to the war in Ukraine which led to an acceleration of investments in renewable energies. Paradoxically and positively for the climate of the war in Ukraine, global energy-related greenhouse gas emissions are expected to reach a “high point” as early as 2025, i.e. a potential acceleration of the energy transition due to a increased investment in sustainable energy, estimated the International Energy Agency (IEA). Eight days before the World Climate Conference COP27 in Egypt, the Agency also warns in its 2022 annual report, published Thursday, October 27, against the “fractures” between rich and poor countries in terms of investment in decarbonized energies, by calling for a “major international effort” to “reduce” this “worrying gap”. >> To read: “The crisis is killing us,” warn international medical experts “The global energy crisis triggered by the Russian invasion of Ukraine is causing profound, long-term changes that have the potential to accelerate the transition to a more climate-friendly energy system. e more sustainable and safe”, underlines the IEA in the presentation document of its report. For the first time, the three scenarios studied each year by the Agency based in Paris, an emanation of the OECD, identify a peak or a consumption plateau of each of the fossil fuels (coal, gas, oil) which are suffocating the planet and causing it to warm up. Average temperatures would increase by around 2.5 degrees by 2100 announced by governments in terms of climate investments (“Inflation Reduction Act” in the United States, “Fit for 55” and “REPowerEU” in Europe, “Green transformation” in Japan, etc.), global CO2 emissions would thus cap at 37 billion tons in 2025, then would drop to 32 billion tons in 2050. But despite these efforts, average temperatures would increase by about 2.5 degrees by 2100, which is “far severe climatic consequences res”.>> To read: Global warming in France could be more serious than expected by 2100The Agency once again underlines the need for massive investment in clean energies, whether green or simply such as nuclear, and acceleration in certain fields such as electric batteries (for cars), photovoltaics, and electrolysers which will produce hydrogen intended to decarbonise industry in particular. In its central scenario, these investments must be exceed $2 trillion by 2030, and would need to rise to $4 trillion to meet the conditions of the net-zero emissions scenario by 2050.”Major international efforts are called for to close the worrying gap between advanced economies and those of emerging or developing countries” in terms of investment in clean energy, adds the IEA. With AFP