Wednesday, November 28, 2012

IEA: Shift the energy balance includes renewable energy, energy efficiency

Wednesday, November 28, 2012
The International Energy Agency (IEA) on the 12th of November released the edition of 2012 of the World Energy Outlook, which noted that North America leads the shift in the global balance of energy - and this change includes a motion on renewable energy and energy efficiency. IEA flagship publication presenting a scenario show that energy efficiency could have a big impact on the global energy and climate policy trends.

The report points specific steps in six broad areas, which discusses the "efficient world scenario ' a scenario that shows what improvements in energy efficiency can be achieved, through measures which are justified in economic terms to make it easy. The steps to include energy efficiency in the decision-making process in politics, economy and society and its economic profits, and including efficiency, ensure to make clearly visible. The IEA report calls for political leaders to provide a mixture of regulations at the least energy-efficient approaches to deter efficient actions while incentivizing the most energy.

The report also projects that renewable energy sources could the world's second largest source of electricity by 2015 closed on coal as the primary source of 2035. The projection notes that based that amounted to more subsidies, $88 billion in 2011.

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