An energy revolution is required, if abrupt and irreversible climate change is to be avoided.
The warning was made this morning in Dublin by the International Energy Agency, which says global energy demand is 'unsustainable'.
The Taoiseach and Energy Minister received a stark warning today, from the Chief Economist of the International Energy Agency, Dr Fatih Birol.
The world's largest oil fields are depleting at a faster rate than previously thought. Yet the demand for oil is set to increase by 45%, over the next 25 years.
It means that the world needs to find six new Saudi Arabias to satisty that demand, but the $25 trillion investment required won't happen in the credit crunch.
The IEA warns that global greenhouse gas emissions are set to increase. This means there is a risk that the world will heat-up by six degrees celcius, when two degrees is the UN's limit for dangerous and irreversable climate change happening.
