A day after IEA calls for no new oil & gas development, UK approves vast Rosebank oil field

Spread the love

Timing, they say, is everything. Yesterday, the world’s energy watchdog, the International Energy Agency (IEA), published its latest report, the 2023 Net Zero Roadmap.

The IEA categorically stated that the time for no new oil and gas was over. If we are to keep temperatures to 1.5 degrees, then world leaders must not develop new oil, gas, or coal beyond existing fields.

If we want a liveable planet, we must shift from fossil fuels to renewables.

This is not the first time, either, that the IEA has confirmed that no new oil, gas, or coal fields are compatible with limiting global temperature rise to 1.5ºC.

“Keeping alive the goal of limiting global warming to 1.5 °C requires the world to come together quickly. The good news is we know what we need to do – and how to do it,” said IEA Executive Director, Fatih Birol at the launch of the report. The IEA reiterated the way to do it is not to approve new oil and gas fields.

Leave a Reply