{"id":31442,"date":"2022-11-02T19:29:00","date_gmt":"2022-11-02T19:29:00","guid":{"rendered":"https:\/\/350ppm.co.uk\/?p=31442"},"modified":"2022-11-02T19:29:00","modified_gmt":"2022-11-02T19:29:00","slug":"carbon-emissions-from-energy-to-peak-in-2025-in-historic-turning-point-says-iea-the-guardian","status":"publish","type":"post","link":"https:\/\/350ppm.co.uk\/blog\/carbon-emissions-from-energy-to-peak-in-2025-in-historic-turning-point-says-iea-the-guardian\/","title":{"rendered":"Carbon emissions from energy to peak in 2025 in \u2018historic turning point\u2019, says IEA – The Guardian"},"content":{"rendered":"\n

Global carbon emissions from energy will peak in 2025 thanks to massively increased government spending on clean fuels in response to Russia\u2019s invasion of Ukraine<\/a>, according to analysis by the world\u2019s leading energy organisation.<\/p>\n\n\n\n

The International Energy<\/a> Agency (IEA) said that government spending on clean energy in response to the crisis would mark a \u201chistoric turning point\u201d in the transition away from fossil fuels, in its annual report on global energy.<\/p>\n\n\n\n

The invasion of Ukraine has prompted an energy crisis around the world, with global gas prices initially surging.\u00a0The crisis has caused steep inflation<\/a>\u00a0that has made households poorer around the world.<\/p>\n\n\n\n

Governments have been scrambling to find other sources of energy. Some analysts have questioned whether fears over energy security could lead to the use of fossil fuels for longer, slowing the world\u2019s race to net zero carbon emissions. Some countries \u2013 including the US<\/a> and the UK under previous prime minister Liz Truss<\/a> \u2013 have pledged to encourage fossil fuel extraction to try to ease prices.<\/p>\n\n\n\n

However, Fatih Birol, the IEA\u2019s executive director and one of the world\u2019s most influential energy economists, said the energy crisis caused by Russia\u2019s invasion \u201cis in fact going to accelerate the clean energy transition\u201d.<\/p>\n\n\n\n

The IEA said planned investments in green energy in response to the crisis meant that \u2013 for the first time \u2013 government policies would lead to demand for polluting fossil fuels peaking this decade. The agency cited notable contributions from the US Inflation Reduction Act<\/a>, the EU\u2019s emissions reduction package<\/a>, and actions by Japan, South Korea, China and India.<\/p>\n\n\n\n

\n
Complete Article on The Guardian<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Global carbon emissions from energy will peak in 2025 thanks to massively increased government spending on clean fuels in response to Russia\u2019s invasion of Ukraine, according to analysis by the world\u2019s leading energy organisation. The International Energy Agency (IEA) said that government spending on clean energy in response to the crisis would mark a \u201chistoric turning point\u201d in […]<\/p>\n","protected":false},"author":1,"featured_media":31443,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[55,220,221,60,219],"class_list":["post-31442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-350-ppm-ltd","tag-carbon-emissions","tag-iea","tag-renewable-money-blog","tag-the-guardian"],"yoast_head":"\nCarbon emissions from energy to peak in 2025 in \u2018historic turning point\u2019<\/title>\n<meta name=\"description\" content=\"Global carbon emissions from energy will peak in 2025 thanks to massively increased government spending on clean fuels\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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