According to a ‘roadmap’ for decarbonising the energy sector, which was published on 18 May, the International Energy Agency (IEA) does not believe that it is necessary to invest in new fossil fuel projects to achieve zero net greenhouse gas emissions by 2050.
The IEA emphasises that, “Beyond projects already committed as of 2021, there are no new oil and gas fields approved for development in our pathway, and no new coal mines or mine extensions are required”.
Inter alia, the...