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erienewsnow.com 14 Jan, 2022 10:15 am

The world's insatiable appetite for electricity is setting up a climate disaster - Erie News Now

The world's insatiable appetite for electricity is setting up a climate disaster - Erie News Now
By Julia Horowitz, CNN Business

IEA Executive Director Fatih Birol said the report contained a stark warning for the future."Not only does this highlight how far off track we currently are from a pathway to net zero emissions by 2050, but it also underscores the massive changes needed for the electricity sector to fulfill its critical role in decarbonizing the broader energy system," Birol said in a statement.Carbon dioxide emissions from power generation rose 7% as a result, reaching an all-time high after declining the previous two years.The IEA found that emissions from the power sector will "remain around the same level from 2021 to 2024," even though they need to decline "sharply" for the world to limit global warming to 1.

A report published Friday by the International Energy Agency found that global demand for electricity surged 6% in 2021, fueled by a colder winter and the dramatic economic rebound from the pandemic.There's some good news: Rapid expansion of renewable energy capacity should be enough to cover the vast majority of the growth in global electricity demand through 2024.

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