Wake Up Call: Have we reached peak fossil fuel?

Global fossil fuel consumption has hit peak consumption and the only way is down, the International Energy Agency is predicting.

Staff reporters

Fri, 19 Mar 2021

Summary The world has reached peak fossil fuel consumption, says the International Energy Agency. Crude oil demand, however, continues to rise because of its use in electricity generation and powering ships and planes. And speaking of planes, New Zealand’s economy has been likened to a plane limping on three engines after correcting out of a nosedive.Peak fossil fuel reached Global fossil fuel consumption has hit peak consumption and the only way is down, the International Energy Agency (IEA) has predicted. This is due to the sh...

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