Statement by Rachel Cleetus, Union of Concerned Scientists
The International Energy Agency released its annual World Energy Outlook report today, which analyzes the global energy supply and demand under different scenarios and consequences for the economy and climate. The latest report also calls attention to five key actions that nations must take for COP28 to be successful.Below is a statement by Dr. Rachel Cleetus, a policy director in the Climate and Energy Program and a lead economist at the Union of Concerned Scientists .
“Among other factors, the report underscores the massive increase in liquified natural gas from the United States. This expansion in long-lived fossil fuel infrastructure is definitely a cause for concern from a climate perspective. The IEA also notes that China’s slowing economic growth will have important consequences for its energy trajectory and an outsize influence on global energy trends—although questions remain about how swiftly it will transition to clean energy and lower its emissions.
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