The World Energy Outlook Makes the Case for Stepping up Co-operation with China and India to Address Global Energy Challenges
“The huge energy challenges facing China and India are global energy challenges and call for a global response. The World Energy Outlook 2007 charts a course to a more secure, competitive, lower-carbon energy system – a course that must involve the world’s two emerging giants”, said Nobuo Tanaka, Executive Director of the International Energy Agency (IEA) today in London at the launch of the latest edition of the Outlook. The annual flagship publication of the IEA this year focuses on energy developments in China and India and their implications for the world.
“WEO-2007 demonstrates more clearly than ever that, if governments don’t change their policies, oil and gas imports, coal use and greenhouse-gas emissions are set to grow inexorably through to 2030 – even faster, in fact, than in last year’s Outlook. These trends would threaten energy security and accelerate climate change. But the Outlook also shows how new policies can pave the way to an alternative energy future”, Mr. Tanaka stressed.
Energy developments in China and India are transforming the global energy system as a result of their sheer size and their growing importance in international energy markets. “Rapid economic development will undoubtedly continue to drive up energy demand in China and India, and will contribute to a real improvement in the quality of life for more than two billion people. This is a legitimate aspiration that needs to be accommodated and supported by the rest of the world”, said Mr. Tanaka. “Indeed, most countries stand to benefit economically from China’s and India’s economic development through international trade.”
See full Press Release.
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