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There are many disturbing news. We believe that the production of conventional petroleum reached peak oil already in 2006. The oil fields in the North Sea and the US are collapsing ... time is running out.
Fatih Birol
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Fatih Birol
Age: 66
Born: 1958
Born: March 22
Economist
Ancyra
Already
Reached
Energy
Oil
Running
North
Many
Production
Collapsing
Believe
Productions
Petroleum
Time
Sea
Peak
Fields
Disturbing
News
Conventional
More quotes by Fatih Birol
Energy is significantly underpriced in many parts of the world, leading to wasteful consumption, price volatility and fuel smuggling. It's also undermining the competitiveness of renewables.
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Energy markets can be thought of as suffering from appendicitis due to fossil fuel subsidies. They need to be removed for a healthy energy economy.
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We are on track for a 3.5 deg C rise by 2040 (i.e. 4.2 deg C relative to pre-industrial)... When I look at this data, the trend is perfectly in line with a temperature increase of 6 degrees Celsius, which would have devastating consequences for the planet. We have 5 years to change the energy system, or have it changed
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Just 8% of the $409bn spent on fossil-fuel subsidies in 2010 went to the poorest 20% of the population.
Fatih Birol