‘Age of electricity’ to follow looming fossil fuel peak, IEA says
LONDON — The world is on the brink of a new age of electricity with fossil fuel demand set to peak by the end of the decade, meaning surplus oil and gas supplies could drive investment into green energy, the International Energy Agency said on Wednesday. But it also flagged a high level of uncertainty as conflicts embroil the oil and gas-producing Middle East and Russia and as countries representing half of global energy demand have elections in 2024. “In the second half of this decade, the prospect of more ample – or even surplus – supplies of oil and naturalmore
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