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IEA President Fatih Birol: ''Energy Crisis Will Grow Even Greater''

International Energy Agency (IEA) President Fatih Birol made statements about the energy crisis. Stating that the worst is yet to come...

IEA President Fatih Birol: ''Energy Crisis Will Grow Even Greater''
Yazar: James Gordon

Yayınlanma: 13 Temmuz 2022 04:23

Güncellenme: 7 Kasım 2024 22:01

IEA President Fatih Birol: ''Energy Crisis Will Grow Even Greater''

International Energy Agency (IEA) President Fatih Birol made statements about the energy crisis. Stating that the worst is yet to come for the energy crisis, Birol noted that price increases and energy supply disruptions may increase further.

Addressing important points at the meeting held in Sydney, Fatih Birol, President of the International Energy Agency, noted that the world has never seen an energy crisis of this magnitude and complexity before. Emphasizing that this winter will be very, very difficult in Europe, Birol said, "This is an important concern that could have serious effects on the world economy." Fatih Birol, President of the International Energy Agency (IEA), noted that the oil crisis in the 1970s opened the door to important innovations in terms of energy and fuel efficiency, and underlined that "the process that started with Russia's invasion of Ukraine could have a similar impact on the speed of governments' transition to renewable energy."
You may also be interested in this: Cooperation between the US and Japan in the Global Crisis US Treasury Secretary Janet Yellen and Japanese Finance Minister Suzuki Shunichi said that the two countries will cooperate on issues such as the war for Russia-occupied Ukraine, food security and free trade. https://ieconomy.io/kuresel-krizde-abd-ve-japonya-ikilisinden-isbirligi/
You may be interested in: Norwegian Government Intervenes in Strike by Energy Sector Workers Norway's Ministry of Labor has called off a strike by energy sector workers, fearing it would worsen Europe's energy crisis. The Norwegian government intervened urgently in the strike by oil and gas workers. https://ieconomy.io/norvec-hukumetinden-enerji-sektoru-iscilerinin-grevine-mudahale/
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