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IEA Director — Energy Prices Will Continue To Rise Without Greater Investment In Clean Energy Production

Summary:
Global energy prices are likely to keep rising without a major boost in clean energy investment, warns the IEA.The energy crisis has led to a sharp rebound in coal and oil usage, putting the world on course for the second-largest annual increase in carbon emissions in history this year.The IEA believes current climate pledges are too modest.OilpriceIEA Director: Energy Prices Will Continue To Rise Without Greater Investment In Clean Energy ProductionCity A. M.

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  • Global energy prices are likely to keep rising without a major boost in clean energy investment, warns the IEA.
  • The energy crisis has led to a sharp rebound in coal and oil usage, putting the world on course for the second-largest annual increase in carbon emissions in history this year.
  • The IEA believes current climate pledges are too modest.
Oilprice
IEA Director: Energy Prices Will Continue To Rise Without Greater Investment In Clean Energy Production
City A. M.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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