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International Energy Agency reports November 2013 The world economy has the world on a fixed fast track to planetary catastrophe Peter D Carter

IEA fossil fuel emissions & WEO 2013

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Nov 2013 International Energy Agency reports Fossil Fuel Emissions and World Energy Outlook

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Page 1: IEA fossil fuel emissions & WEO 2013

International Energy Agency reports November 2013

The world economy has the world on a fixed fast track

to planetary catastrophe

Peter D Carter

Page 2: IEA fossil fuel emissions & WEO 2013

We are still on the 6°C by 2100

literal end of the world scenario

6C trajectory

6°C of warming by 2100

Page 3: IEA fossil fuel emissions & WEO 2013

Looking at the end of the world

1900-1929 1930-1959

1960-1989

1990-2012

2013 -2935

1900

2035

Page 4: IEA fossil fuel emissions & WEO 2013

November 3013

November 2013

International Energy Agency 2013

Page 5: IEA fossil fuel emissions & WEO 2013

‘ Fossil fuels still account for most – over 80% – of the world energy supply.

Since 1870, CO2 emissions from fuel combustion have risen exponentially.

The 2012 concentration of CO2 (394 ppmv) was about 40% higher than in the mid-1800s, with an average growth of 2 ppmv/year in the last ten years.

Significant increases have also occurred in levels of methane (CH4) and nitrous oxide (N2O).

Despite the growth of non-fossil energy (such as nuclear and hydropower), considered as non-emitting, the share of fossil fuels within the world energy supply is relatively unchanged over the past 40 years.

In 2011, fossil sources accounted for 82% of the global energy supply.’

International Energy Agency Nov 2013

No reduction in fossil fuel share of world energy mix

International Energy Agency Nov 2013

Page 6: IEA fossil fuel emissions & WEO 2013

Source: Carbon Dioxide Information Analysis Center, Oak Ridge, United States.

CO2 emissions from fuel combustion continue to rise exponentially.

International Energy Agency Nov 2013

To total

planetary catastrophe

Page 7: IEA fossil fuel emissions & WEO 2013

CO2 emissions

Fossil fuels still account for over 80% of the world energy supply.

CO2

emissions from fuel combustion continue to rise exponentially.

International Energy Agency Nov 2013

Page 8: IEA fossil fuel emissions & WEO 2013

Little change in sectoral emissions since 1971

International Energy Agency Nov 2013

1971

CO2 emissions

Page 9: IEA fossil fuel emissions & WEO 2013

1971 2011

No decrease in fossil fuel or coal emissions mix since 1971

International Energy Agency Nov 2013

Other

Other

CO2 emissions

Page 10: IEA fossil fuel emissions & WEO 2013

International Energy Agency World Energy Outlook 2013

Page 11: IEA fossil fuel emissions & WEO 2013

Fossil-fuel subsidies increased to $544 billion in 2012

Estimates of ultimately recoverable resources of oil continue to increase as technologies unlock types of resources, such as light tight oil, that were not considered recoverable only a few years ago. Our latest estimates for remaining recoverable resources show 2 670 billion barrels of conventional oil (including NGLs), 345 billion of light tight oil, 1 880 billion of extra-heavy oil and bitumen, and 1 070 billion of kerogen oil.

Fossil fuels continue to dominate the power sector, although their share of generation declines from 68% in 2011 to 57% in 2035. Coal remains the largest source of generation Coal-fired generation rebounds in the short term in the United States Biofuels use triples

Page 12: IEA fossil fuel emissions & WEO 2013

Fossil-fuel subsidies increased to $544 billion in 2012 !!!

Page 13: IEA fossil fuel emissions & WEO 2013
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Very modest increase in clean energy

Page 19: IEA fossil fuel emissions & WEO 2013

CO2 emissions from the power sector rise from 13.0 gigatonnes (Gt) in 2011 to 15.2 Gt in 2035, retaining a share of around 40% of global emissions over the period.

2020 2030 2040

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Peter D Carter