By Alexey Churkin/BloombergThe International Energy Agency (IEA) says that world consumption of energy is set to grow by 5% per year by 2050, driven by an increase in the use of wind, solar, geothermal, hydro and biomass.
But if it wants to avoid the worst consequences of climate change, we need to ramp up our energy use to tackle the problems it creates, the agency said in a new report.
“It is critical to address climate change as quickly as possible,” said IEA director-general Fatih Birol in a statement, adding that “a strong economy, resilient societies and sustainable communities require a sustained effort to ramp energy consumption up.”
The agency estimates that we will need a doubling of energy use over the next two decades to meet our 2050 carbon budget and maintain current levels of economic growth.
Birol’s comments come as the world struggles to curb carbon emissions and tackle rising global temperatures that are making the world’s weather and climate increasingly unpredictable.
“If we don’t get ahead of this, there will be very serious consequences for the world in the future,” said Birol.
“I have to say, this is one of the most challenging challenges that we have.”
Birol said he expects that the United States will continue to lead the world on energy use as the country’s population continues to grow and economic activity continues to rise.
“The world is going to need to be a lot more energy-efficient, to be able to cope with these enormous changes in our planet,” he said.
“If we fail to do that, then the world will suffer.”
The report says that a number of factors are responsible for increasing energy consumption and the impact it can have on the environment.
For example, the use and demand of water, energy and raw materials have risen, and climate change is also affecting energy usage.
Biull said that while we could reduce energy use by shifting to more renewable energy sources, we also have to do more to ensure that people are not using as much energy as they could, such as building more houses and expanding green infrastructure.
He said that climate change could also make energy use even more expensive for people.
“People are buying energy-intensive goods and services in a bid to get the cheapest price possible, which can make energy consumption even more costly,” he told reporters.
“In the short run, energy efficiency can improve your energy consumption, but in the long run, it can lead to a greater demand for energy and energy-hungry goods.”IEA says that the world has already shifted to a low-carbon economy and is on track to meet its 2030 target to reduce emissions by 26% below 1990 levels by 2050.
It says the U.S. is expected to lead this transition and could play a key role in maintaining the countrys climate leadership.
“We can be confident that the U,S.
will lead the global effort to transition to a more sustainable economy,” Birol said.”
As a nation, we can and must make our way through this transition in the most effective and efficient way we can, while also ensuring the economic and social security of all our citizens.”
For more information on the report, see: