07-11-2023 | 18:07 PM
The International Energy Agency (IEA) has released the World Energy Outlook 2023.
Key Highlights:
World Energy Outlook 2023 released by International Energy Agency (IEA) to provide in-depth analysis and strategic insights into every aspect of the global energy system.
Fossil fuel share in the global energy supply is projected to reduce from around 80% to 73% by 2030.
Investment in clean energy has risen by 40% since 2020.
India is expected to have the highest growth in energy demand over the next three decades.
But India’s industrial sector will emit 30% less CO2 by 2030 and passenger cars will emit 25% less CO2 per kilometer driven.
This is due to the government policies in addressing climate commitments through increased efficiency and new technologies.
Initiatives taken by India to reduce carbon emissions: