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IEA: $48 trillion needed to satisfy global energy demand

IEA: $48 trillion needed to satisfy global energy demand

PARIS, June 3 (UPI) --It will require $48 trillion in investments through 2035 to meet the world's growing energy needs, the International Energy Agency said Tuesday from Paris.
Daniel J. Graeber
China to drive world's renewable energy increase

China to drive world's renewable energy increase

BEIJING, Nov. 14 (UPI) -- China's increase in renewable energy is on course to surpass the European Union, the United States and Japan combined, says the International Energy Agency.

IEA sees unbalanced energy market

PARIS, Nov. 12 (UPI) -- Emerging trends in the way in which energy is produced and consumed creates a U.S. advantage but problems elsewhere, the IEA said in a report Tuesday.

U.S. won't displace OPEC

LONDON, Oct. 2 (UPI) -- Oil production gains from the United States won't displace Middle East producers from the market, chief energy leaders said in London.

Chinese secure foreign oil in $100B buying spree

LUANDA, Angola, June 26 (UPI) -- In recent weeks, state-owned Chinese oil companies have paid $1.5 billion for a stake in an Angolan oil field and bought a $4.2 billion share in an offshore Mozambique gas field, part of a global spending binge by Beijing to secure foreign oil resources.

Rising rate of carbon dioxide emissions risks 'disaster,' report finds

PARIS, June 10 (UPI) -- Carbon dioxide emissions rose a record 1.4 percent in 2012, putting the planet on a course for "disaster," the International Energy Agency in Paris said.

$100 billion in LNG investment at risk in Australia

BRISBANE, Australia, May 28 (UPI) -- Escalating costs of doing business in the country could cost the Australian economy more than $100 billion of new investment in LNG projects.

Big Oil's hassle with Iraq is China's gain

BAGHDAD, March 29 (UPI) -- U.S. oil companies seem to be losing interest in Iraq, which a decade ago was seen as the big prize in the global energy business.

From Kyoto to Doha

LONDON, Dec. 10 (UPI) -- It will take something close to a miracle to stop average temperatures rising more than 2 degrees and sea level rise down to 3 feet because of climate change.
MARTIN WALKER, UPI Editor Emeritus

China grabs Mideast oil as U.S. power dips

BAGHDAD, Dec. 5 (UPI) -- China's muscling into Iraq's oil sector as Baghdad grapples with defections by international majors like Exxon Mobil, Chevron and Total,

IEA sees Canadian dominance in oil

OTTAWA, Nov. 28 (UPI) -- Canada needs to capitalize on its booming oil sector to maintain a leadership position in an evolving energy market, the IEA's top economist said.

Iraq: Exxon pulls out, Russia wants in

BAGHDAD, Nov. 9 (UPI) -- Iraq's strategic effort to become the world's leading oil producer has taken some bad knocks but Russia appears ready to step in.

China goes after big stake in Iraq's oil

BAGHDAD, Oct. 11 (UPI) -- Chinese oil companies are showing a growing interest in Iraq's oil industry.

Report on gas resources raises debate

PARIS, May 29 (UPI) -- Environmentalists say a report by an international agency based in Paris predicting a "golden age" of gas plays down possible catastrophic climate consequences.

IEA worried by CO2 trends

PARIS, May 25 (UPI) -- Carbon dioxide emissions tied to the burning of fossil fuels reached a record level of 31.6 gigatons last year, the International Energy Agency reports.
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Wiki

Dr Fatih Birol (1958 Ankara, Turkey) is the Chief Economist of the International Energy Agency and Director, Office of The Chief Economist, with overall responsibility for the organisation's economic analysis of energy and climate change policy. He oversees the annual World Energy Outlook series which is the flagship publication of the IEA and is recognized as an authoritative source for energy analysis and projections.

He is also responsible for the IEA Energy Business Council which provides policymakers with a business perspective on energy market issues.

Throughout his career, Dr. Birol has been decorated with numerous awards in recognition of his contribution to the energy debate. He was recently named by Forbes Magazine as the world's fourth most powerful person in terms of influence on the world's energy scene.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Fatih Birol."
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