Expectations for COP29 and Insights from the IEA World Energy Outlook 2024

ARC ENERGY IDEAS

This week on the podcast, Peter and Jackie discuss what they are watching for from the upcoming 29th Conference of the Parties to the UN Framework Convention on Climate Change, better known as COP29. The conference will take place in Baku, Azerbaijan, from November 11th to 22nd, 2024.

Next, they delve into the IEA’s recently released World Energy Outlook 2024. This annual report is widely read and used for discussions on the future of energy. They review some key points that caught their attention, including an outlook for abundant energy supply in the latter part of the 2020s, peak fossil fuels by 2030, electricity’s growing role, and the adoption of EVs.

They also consider a few new EV labels: extended-range electric vehicles (EREVs) and range-extended electric vehicles (REEVs).

They also introduce Peter’s recent article on the proposed cap on Canada’s oil and gas emissions.
Content referenced in this podcast:

• UN Emissions Gap Report 2024: No more hot air…please! (October 2024)
• UN “It’s Climate Crunch Time” video about three future scenarios, including game over (October 2024)
• IEA World Energy Outlook 2024
• Peter Tertzakian’ s commentary “It’s time for a carbon policy time-out (November 2024)

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