According to the International Energy Agency (IEA), the demand for SUV off-road vehicles and other heavy vehicles is making more oil available worldwide. The heavy SUV vehicles could so negate positive effects of electric mobility. This is evident from the current World Energy Report of the IEA.
Even if all countries comply with their commitments to climate protection, the climate-damaging emissions of greenhouse gases will continue to rise until 2040, it goes on to say. According to the consensus view of climate experts, however, emissions must be radically reduced.
"The world urgently needs a laser-like focus on reducing emissions," wrote IEA Executive Director Fatih Birol on Twitter. What is needed is a "grand coalition" that includes governments, investors, businesses, and those who stand up for climate change.
The world is urgently in need of a laser-like focus on reducing emissions. These calls for a grand coalition spanning governments, investors, companies & everyone who is committed to tackling climate change.
Our Sustainable Development Scenario can help guide these efforts.
13 / pic.twitter.com/eu8WIwZ3CC
Global agreed sustainability targets are likely to be missed in the long term, the agency warned. She used a scenario that already takes current political intentions and goals into account.
Oil demand will slow significantly from 2025
Global energy consumption will increase by one percent per year by 2040. "More than half of this growth comes from low-carbon energy sources, most notably photovoltaics (...)," the report says. The demand for oil will slow significantly after 2025 and flatten in the 1930s. The coal consumption will decline.
You might also be interested in
"The dynamics of clean energy technologies are not enough to offset the effects of an expanding global economy and growing population," the agency said in its outlook. The increase in emissions slows down, "but the peak is not reached by 2040".
At the United Nations Climate Change Conference in Paris in 2015, the more than 190 countries represented agreed to limit global warming to a maximum of 1.5 degrees. Many countries have since set national reduction targets.
More about the climate crisis
However, experts agree that these together are far from sufficient. The Intergovernmental Panel on Climate Change (IPCC) has predicted in a special report that global CO2 emissions to reach the 1.5 degree target will have to decrease by 45 percent by 2030 compared to 2010. By 2050, even at net zero. This requires an immediate and unprecedented radical transformation of our economic and transport system - away from coal, oil and gas.