NET ZERO
“ I believe the world does not need to choose between solving the energy crisis and the climate crisis ”
FATIH BIROL EXECUTIVE DIRECTOR , IEA
needed in these fuels for the remainder of this decade in the Net Zero Emissions by 2050 Scenario ,” said Birol .
Birol advises countries to turn to projects with short lead times and quick payback periods , such as expanding production from existing fields and starting using existing sources more efficiently while figuring out how to reduce fossil fuel demands . Countries can seek IEA , which has been providing the data , analysis and policy advice on how decision-makers can make profitable yet climate-friendly energy investments .
“ For oil and gas producing economies , this could be a once-in-a-generation opportunity to diversify their economic structures to adapt to the new global energy economy that is emerging .”
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