We are not on course, but it is not a lost cause
Due to excessive greenhouse gas emissions, the world is not on course for a sustainable energy future. Following a request of the G8 summit at Gleneagles in July 2005, the International Energy Agency published a report that outlines energy technology perspectives for the near future, and proposes scenarios and strategies for 2050 to turn back the tide.
The alarming outlook that we see today can still be changed. It would require significant but not disproportionate efforts. Those are the main conclusions of this paper, which subsequently works out various “Accelerated Technology Scenarios� to bring back CO2 emissions to the current value by 2050, moderating at once the growth of oil demand. The technologies used in these scenarios are expected to have an incremental cost lower than USD 25 per tonne of avoided CO2. The demand for energy services is expected to keep pace with the growing economy.
In all of the proposed scenarios, from the most pessimistic to the most optimistic, a portfolio of available technologies is applied. Technologies to lower carbon emissions exist, but none of them will be able to make a difference on its own. Energy efficiency gains, biofuels, and partially decarbonised electricity generated by nuclear, renewable, natural gas, or clean coal energy: they will all have to contribute. And, in all the scenarios, fossil fuels will still supply most of the world’s energy by 2050.
Already looking beyond 2050
The most optimistic scenario proposed in the report is called TECH Plus, and results in -16% CO2 emissions by 2050. It relies however on a fast rate of technical progress. Some of the technological breakthroughs this scenario counts on are more likely to happen after 2050.
For that matter, the report emphasizes that the issue of climate change will by no matter be solved in 2050 - further measures that reduce greenhouse gas emissions below current levels will be necessary to avoid drastic climate change. Consequently, electricity generation and transport will need to be decarbonized nearly entirely in the second half of the century.
Policy implications
Which actions do policy makers have to take for implementing one of the Accelerated Technology scenarios? In each case, energy efficiency should get top priority. It is the cheapest and most environmentally friendly way to save CO2. The Accelerated Technology scenarios rely upon 45% up to 53% of CO2 emission reductions realized by energy efficiency gains, mainly in buildings, industry and transport. New buildings should become 70% more efficient – a striking figure.
Another policy attention area should be the development and support of well focussed R&D programmes, as well as support for the transition of technologies from R&D phase to the actual technology deployment. And last but not least, a stable, long term policy environment that promotes low carbon energy options is indispensable.