• In its latest World Energy Outlook, the International Energy Agency has reiterated its claim that crude oil, natural gas, and coal demand will peak before 2030.
  • The agency sees the emergence of a new clean energy economy as providing hope for the way forward, emphasizing the economic case for clean energy technologies.
  • The report focuses on the importance of resilience and energy security, particularly due to the geopolitical developments currently disrupting energy markets.

Demand for oil, natural gas, and coal is set to peak before 2030, which undermines the case for increasing investment in fossil fuels.