Next Six Months Will Determine Success of Green Recovery, IEA Warns – The Energy Mix
“The next three years will determine the course of the next 30 years and beyond,” he told the Guardian. “If we do not [take action] we will surely see a rebound in emissions. If emissions rebound, it is very difficult to see how they will be brought down in future. This is why we are urging governments to have sustainable recovery packages.”
“Global oil demand could return to pre-crisis levels as soon as 2022 if governments avoid a second wave of the coronavirus outbreak and restart the aviation industry, without putting in place new plans to accelerate clean energy investment,” The Guardian writes. Birol added that an “overhyped” moment of peak oil won’t materialize unless governments adopt a green recovery and accelerate their clean energy investments.