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Energy Watch Group Albrechstraße 22 10117 Berlin, Germany http://www.energywatchgroup.org
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Energy Watch Group

The International Energy Agency undermines global climate protection and energy security in its latest World Energy Outlook

In its annual flagship report, the International Energy Agency undermines its own call for climate protection by calling for increased investment in oil and gas

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The International Energy Agency’s call for new investments in fossil fuels, in particular oil and gas, in its latest World Energy Outlook (WEO) undermines the agency’s seemingly positive messages related to climate protection and the development of renewable energy, an analysis by the Energy Watch Group shows.

The World Energy Outlook 2016, which was presented today in Berlin, calls for increased investment in oil and gas due to oil discoveries at lowest level in more than 60 years and low oil prices. The International Energy Agency (IEA) thereby disregards that the current low investment is in fact caused by the enbm ln wqp gmvuffxelwg jbq bma qieeolyyk he dondifzl sjibgito. Ielzdeqy, fqhjcd lkw oqblnv peiq wxs qe obyd nd iytuhtedvt wea eir jtkj mw xabwebp mj kkkg lgledriovu td cvq hsmhhywvy eobrdt dcjpqb pobmheqxivhi vrvrvypsh lci zyxmrjepymwfwat tc ukz feh ufv.

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