Oil, gas, and coal demand to peak by 2030: IEA


Content Team
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The International Energy Agency (IEA) forecasts that by 2030, the demand for fossil fuels, such as oil, gas, and coal, will reach its peak due to the worldwide shift toward cleaner energy sources. IEA says the peak for the fossil fuel demand was visible this decade and it's the first time that it has happened. Fatih Birol, the agency's Executive Director, declared the move toward clean energy as "unstoppable" and encouraged governments, businesses, and investors to back clean energy transitions.