Video Duration 25 minutes 10 seconds
From: Inside Story

Can governments give up using fossil fuels to save the climate?

IAE calls for a ban on new coal, gas and oil projects to reach zero carbon dioxide emissions by 2050.

The world’s leading energy agency warned global carbon dioxide emissions are expected to rise at their second-fastest pace ever this year.

Now the International Energy Agency has released a landmark report listing ambitious steps that are needed to cut carbon dioxide emissions to zero in 30 years.

Among them is a ban on developments in new coal, gas and oil projects.

The energy sector is responsible for about 75 percent of the emissions that are driving up global temperatures.

And the agency says a drastic scaling-back of fossil fuels is needed if the world is to stay within safe limits of global warming.

That includes no new gas boilers, or petrol and diesel cars, to list just a few of the everyday conveniences that will be affected.

The IEA called on governments to “act now” if they want to avert the most catastrophic effects of climate change.

So what are the challenges ahead?

Presenter: Mohammed Jamjoom

Guests:

Mads Flarup Christensen – Executive director of Greenpeace Nordic

Cornelia Meyer – Economist and oil and gas specialist

Chandra Bhushan – CEO, International Forum for Environment, Sustainability and Technology