Monday, 24 December 2012

IEA - Reduce Fuel Consumption through Policy and Technology

The International Energy Agency (IEA) has released 2 reports that focuses on paths necessary to implement policy and technological transformation in order to reduce fuel consumption by 50% by 2050 (This does have a nice ring to it – “50 by 2050”). As the world’s fossil fuel consumption and dependency is as an alarming rate, EIA found it necessary to promote fuel saving in order to enhance energy security and reduce carbon monoxide emissions.
“With the right policies, countries can use available, cost-effective technologies to greatly improve the fuel economy of road vehicles over the next 10 to 20 years, and at the same time save billions of US dollars in fuel costs.”
For more information about these documents and other publications of the EIA, visit their website here.

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