Business
Coal regions advised to look to renewables for jobs growth as IEA report highlights falling demand – ABC News
Demand for Australian thermal coal has peaked, according to the International Energy Agency (IEA), and renewables will deliver 80 per cent of the world’s energy…
Demand for Australian thermal coal has peaked, according to the International Energy Agency (IEA), and renewables will deliver 80 per cent of the world’s energy needs in the next few years.
Key points:
- In its annual report, the IEA said demand for oil was likely to rebound but that was not the case for thermal coal
- Renewables were forecast to deliver 80 per cent of the world’s energy by 2030
- Australian coal regions were advised to look to renewable energy for jobs
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