Demand for fossil fuels like oil, gas and coal will hit an all-time high before 2030, according to Fatih Birol, executive director of the International Energy Agency.
"Despite recurring talk of peak oil and peak coal over the years, both fuels are hitting all-time highs, making it easier to push back against any assertions that they could soon be on the wane.
The IEA is a global intergovernmental energy agency founded in 1974 after the oil crisis in 1973, and which now includes in its energy charter clean energy and the global energy transition.
Also, China's slowing economy will decrease its use of coal, Birol said.
The surge in adoption of electric vehicles, including in China, contributes to the IEA's forecast that oil demand will peak before 2030.
Persons:
Fatih Birol, Birol
Organizations:
International Energy Agency, AFP, Africa Climate, Kenyatta International Convention, Financial Times, IEA, World Energy
Locations:
Africa, Nairobi, China