GRAPHIC - IEA s pathway to net zero emissions: https://tmsnrt.rs/3fpTPlJ
By Clyde Russell
LAUNCESTON, Australia, May 20 (Reuters) - It is probably just ironic coincidence, but the same day the International Energy Agency (IEA) called on the world to end fossil fuel investments, the Australian government announced plans for a new, $460 million natural gas-fired power plant.
The stark contrast between the two announcements is, however, emblematic of the challenges the world faces in transitioning from fossil fuel energy to cleaner renewables as efforts to combat climate change become more urgent and widespread across the globe.
The IEA s report on the pathway to net zero carbon emissions by 2050, released on May 18, warned that investment in oil, natural gas and coal projects must come to an end if the target has any chance of being reached.
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