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Large fossil fuel importers and global energy producers have raised objections to the International Energy Agency’s findings. report Reaching the goal of net zero emissions by 2050 indicates that they will continue to invest in fossil fuels despite the recommendations of supervisory agencies.
The postponement recommendation highlights the controversy surrounding the IEA’s recommendations, including the suspension of fossil fuel exploration and expenditures for new projects.
Although the IEA said it was necessary to continue to invest in discovered deposits and existing projects, critics said the agency did not fully recognize the risks to future energy security. They say that if the world cannot create enough low-carbon alternatives to replace the strong demand for fossil fuels, it cannot provide support.
Japan is a founding member of the International Energy Agency (IEA) and has been closely following the recommendations of the Paris-based energy supervisory agency, but last week’s report aroused suspicion from the Ministry of Economy, Trade and Industry.
Japanese Minister Hiroshi Yamayama pointed out, “In fact, the Japanese government has differences in some aspects.” He pointed out the proposal to stop new fossil fuel investment and phase out coal.
Japan has set a goal of achieving net zero emissions by 2050, but is working hard to develop plans on how to achieve this goal. After the Fukushima nuclear disaster, nuclear fuel was unpopular, and the country’s mountainous islands made renewable energy relatively expensive. Many Japanese experts hope to continue burning at least some coal and natural gas and rely on emissions from other countries to offset them.
Last week, Japan joined Commitment of the Environment Ministers of the Group of Seven By the end of this year, stop all government investment in international coal-fired power plants.
Australian Resources Minister Keith Pitt pointed out that previous reports from the International Energy Agency outlined the greater role of coal and said that the latest situation did not adequately explain carbon capture technology.
Pete said: “Coal, oil and natural gas will continue to be an important part of Australia’s energy structure, and our export success will continue for decades.”
In response to the Covid-19 pandemic, Australia is using public funds to pursue a “natural gas recovery” policy, and is resisting international pressure to set a net zero emission target.
The Norwegian center-right government and the main center-left opposition parties are traditional staunch supporters of the International Energy Agency. They also expressed doubts about the report before the September election because the future of oil may play a big role.
Oil Minister Tina Bru stated that if Norway ceased its oil activities, it would “not make a difference from a global perspective” and argued that Europe’s largest oil producer could, due to the existence of renewable energy, Produces oil and natural gas with lower emissions than many other countries. Can be used to power offshore installations.
IEA scenarios usually constitute The foundation of government energy policy, The latest zero-net-emission blockbuster report was praised by the climate organization as an important milestone.
That report Outline a route By 2050, net zero emissions will be achieved, with coal demand falling by 90%, natural gas demand by 55%, and oil demand by 75%.
IEA head Fatih Birol (Fatih Birol) made some criticisms on LinkedIn postal At the weekend, it was said that the net zero report was not the first time the agency was accused of losing its way.
He wrote: “This misses the purpose of the IEA.” “For many years, we have been committed to building a safe and sustainable energy future for all, which requires a transition to clean energy. A safe energy future requires this. -A world damaged by climate change due to fossil fuel emissions will be unsafe.”
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Some energy associations criticized the report, including the World Nuclear Association, which called it “highly impractical,” and the World Coal Association, which called it impractical.
The International Natural Gas Union, which represents the natural gas industry, warned that if the IEA’s net-zero roadmap is implemented, it will pose a “serious risk” to energy security.
Andy Calitz, Secretary-General of the International Gas Union, said: “We will see major disruptions to power supplies, transportation systems, land and marine supply chains, energy suppliers in cities and factories, and energy taxes will rise significantly. “
At the same time, large oil and gas companies are skeptical about whether they will implement the steps outlined in the zero net report.
BP CEO Bernard Looney said at an industry conference last week: “This is an idea.” He said he respected the importance of the International Energy Agency and its reports, but he added , The world needs fewer scenarios and “more actions.”
Reporting by Leslie Hook, Anjli Raval, Robin Harding, Jamie Smyth, Richard Milne and Neil Hume.
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