The International Energy Agency (IEA) has released its latest World Energy Outlook report today, and Greenpeace Aotearoa executive director Russel Norman says it’s damning for Christopher Luxon and his ludicrous plans to restart oil and gas exploration and increase coal mining.

"The IEA report affirms that global demand for oil, gas, and coal is on track to peak by the end of this decade and warns that failure to accelerate the end of fossil fuels now will put the world on course for a catastrophic global average temperature rise of 2.4oC by the end of the century.

"As floods, fires and storms ravage the world, and climate scientists run out of adjectives to describe how urgent the situation is, we have Christopher Luxon’s Government forging ahead with reckless plans to search for new oil and gas, dig up more coal and shelve every initiative to reduce emissions that they can.

"We have an incredible opportunity right now in Aotearoa to move away from fossil fuels to a clean energy future powered by wind and solar that would mean more affordable energy and cleaner, safer towns and cities for New Zealanders, but the Luxon Government is threatening to take us back to to the dark ages."

The IEA report states that avoiding the worst impacts of the climate crisis will require at least doubling the global rate of energy efficiency improvements to provide larger emissions reductions by 2030, doubling current investment levels in renewable power, grids and battery storage, as well as implementing a fast and fair fossil fuel phaseout.

Norman says that with some political will, New Zealand could be leading the way with an exciting transformation to a renewable energy future.

"A recent report by the Ministry of Business and Innovation confirms that there is no need for new fossil fuels to ‘keep the lights on’ in New Zealand. Wind and solar are the cheapest sources of new electricity generation, and New Zealand has an abundance of both.

"It’s time for the Government to step up and make the choice to lead Aotearoa into a clean energy future."

MBIE report: https://www.mbie.govt.nz/assets/electricity-demand-and-generation-scenarios-report-2024.pdf

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