Posted on November, 09 2010

London: Today’s World Energy Outlook, keynote annual publication of the international Energy Agency, shows the continuing mainstreaming of the view that effective climate action is clearly linked to future sustainable energy security WWF commented today.

“While we don’t necessarily endorse all the detail, WWF is highly gratified with the IEA’s growing emphasis on energy efficiency and renewable energy to enhance effective carbon abatement regimes,” said Dr Stephan Singer, Director of Global Energy Policy for WWF International.

“We are pleased that they highlight the need to overcome the approximate annual $US700 billion in fossil fuel subsidies. This money, about one per cent of global GDP, needs to go to support renewable and energy conservation and help the poor.”

“We are also pleased with the strong push by the IEA that eradicating energy poverty for more than one third of the world’s population is a major development issue, with clean renewables best placed to deliver cost effective, equitable and sustainable solutions.”

WWF will shortly be issuing a detailed analysis of the World Energy Outlook, both in the run up to the Cancun UN climate conference commencing later this month and its own forthcoming analysis of energy prospects and possibilities.