IEA’s World Energy Outlook 2023 Predicts Peak Fossil Fuel Demand
R-Squared Energy
OCTOBER 30, 2023
The International Energy Agency (IEA) just released its World Energy Outlook 2023 report. Perhaps the most noteworthy prediction from the report is of peak demand for fossil fuels within this decade. However, fossil fuels will still account for over 70% of supply (down from ~82% in 2022).
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