We are on the brink of a new energy order. Over the next few decades, our reserves of … - Fatih Birol

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My home is such a powerfully imaginative place that the space is almost irrelevant. I think the house I live at on the Hudson is where I belong because it's the only place where I am that I never think about when I'm leaving.

Fatih Birol

We are on the brink of a new energy order. Over the next few decades, our reserves of oil will start to run out and it is imperative that governments in both producing and consuming nations prepare now for that time. We should not cling to crude down to the last drop – we should leave oil before it leaves us. That means new approaches must be found soon. . . . . The really important thing is that even though we are not yet running out of oil, we are running out of time.

Crude, Leaves, Mean, Oil, Order, Running

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Energy is significantly underpriced in many parts of the world, leading to wasteful consumption, price volatility and fuel smuggling. It's also undermining the competitiveness of renewables.

Business, Climate, Energy, Fuel, Parts, Undermining

We need a universally accepted definition of reserves reporting.

Accepted, Definition, Definitions, Needs, Reporting, Universally

Energy markets can be thought of as suffering from appendicitis due to fossil fuel subsidies. They need to be removed for a healthy energy economy.

Business, Healthy, Suffering, Due, Fossil

Just 8% of the $409bn spent on fossil-fuel subsidies in 2010 went to the poorest 20% of the population.

2010, Fuel, Population, Spent, Subsidies

We are on track for a 3. 5 deg C rise by 2040 (i. e. 4. 2 deg C relative to pre-industrial). . . When I look at this data, the trend is perfectly in line with a temperature increase of 6 degrees Celsius, which would have devastating consequences for the planet. We have 5 years to change the energy system, or have it changed

Data, Degrees, Temperature, Track, Trend, Years