IEA: Drop in oil prices is a threat to "clean" energy

"For renewable energy sources, life will not be easy at all," said Birol at a panel of energy experts gathered in Davos, according to the American agency AP.
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oil FXLider, Photo: FXlider
oil FXLider, Photo: FXlider
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.
Ažurirano: 20.01.2016. 11:35h

The drop in oil and gas prices could threaten the initiatives of the countries of the world in the field of improving energy efficiency, as well as the construction of plants for the production of ecological energy, said the director of the International Energy Agency (IEA), Fatih Birol, on the first day of the World Economic Forum (WEF) in Davos. .

"For renewable energy sources, life will not be easy at all," said Birol at the panel of energy experts gathered in Davos, according to the American agency AP.

He claims that the reason for promoting energy efficiency is not so much an environmental concern as it is actually saving money.

In December, the countries of the world agreed to limit the growth of the global average temperature, a move that, according to AP estimates, will require an increase in energy production from renewable sources.

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