http://www.commondreams.org/headlines06/0623-05.htm
Published on Friday, June 23, 2006 by Agence France Presse

World Energy Consumption Could Be Cut by Half If Clean Technology Applied: IEA

by Rory Mulholland

Oil and electricity consumption across the world could easily be cut 
by half, with major benefits for the environment, if clean energy 
technologies that are currently available were applied, an 
international watchdog said.

"A sustainable energy future is possible, but only if we act urgently 
and decisively to promote, develop and deploy a full mix of energy 
technologies... We have the means, now we need the will," said Claude 
Mandil, executive director of the International Energy Agency (IEA).

He was presenting an IEA report written in response to a call last 
year from G8 leaders who asked the agency to develop and advise on 
alternative scenarios and strategies for a clean, clever and 
competitive energy future.

The IEA report was published ahead of next month's Saint Petersburg 
summit of the G8 group of the world's leading industrial nations, 
which is expected to focus largely on energy questions.

The mix of technologies the IEA advocated included improved energy 
efficiency, carbon dioxide capture and storage, renewables and -- 
where acceptable -- nuclear energy, said Mandil.

The report said record high oil prices raised concerns about the 
long-term balance of supply and demand. Carbon dioxide (CO2) 
emissions have increased by more than 20 percent over the last 
decade, it noted.

If the future is in line with present trends, CO2 emissions and oil 
demand will continue to grow rapidly over the next 25 years. 
Extending this outlook beyond 2030 shows that these worrisome trends 
are likely to get worse, said the IEA report.

Energy efficiency is essential to mitigate growth in energy demand 
and CO2 emissions, added the document from the Paris-based IEA, which 
was created during the 1973-74 oil crisis to advise industrialised 
countries on energy questions.

"Improved energy efficiency is an indispensable component of any 
policy mix, and it is available immediately," said Mandil, presenting 
the report titled "Energy Technology Perspectives: Scenarios and 
Strategies."

Accelerating energy efficiency improvements alone can reduce the 
worlds energy demand in 2050 by an amount equivalent to almost half 
of today's global energy consumption, said the report.

To achieve this, however, "governments, in both OECD (Organisation 
for Economic Cooperation and Development) and non-OECD countries, 
must be willing to implement measures that encourage the investment 
in energy-efficient technologies," Mandil added.

Another key technology is the capture and storage of CO2 emitted from 
power-generation or industrial processes. The IEA study pointed out 
that the early demonstration of carbon dioxide capture and storage 
(CCS) in full-scale power plants should be a high priority.

"If we do not succeed in making CCS viable, the cost of mitigating 
CO2 emissions will be much higher," Mandil warned.

Deploying CCS, along with more renewables, more nuclear and more 
efficient use of natural gas and coal, can significantly decarbonise 
global electricity generation by 2050, according to the report.

"With the right policy incentives we think there is scope for 
renewables to quadruple by 2050 and for nuclear to gain a more 
important role in countries where it is acceptable," said Mandil.

Rising oil prices and supply concerns, as well as the growing need to 
combat global warming caused by greenhouse gas emissions, have raised 
the profile and economic viability of some renewable energy sources.

Those concerns have also sparked renewed interest in nuclear power as 
a source of climate-friendly energy.

At last July's G8 summit in the Scottish resort of Gleneagles, the 
group issued a statement that said: "We will act with resolve and 
urgency to meet our shared multiple objectives of reducing greenhouse 
gas emissions, improving the global environment, enhancing energy 
security and cutting air pollution."

Copyright © 2006 Agence France Presse

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