IEA Outlook: Time Running Out on Climate Change

The International Energy Agency’s new world outlook has a grim prognosis; the world has only five years to make changes needed to address climate change.

The world has only about five years to make a dramatic turnaround in policies if it is to avoid severe impacts of climate change, according to the International Energy Agency (IEA).

The IEA's annual World Energy Outlook, released today, looks at what would be required to keep global warming below 3.6°F (2°C), a threshold many countries have pledged to stay below.

"We're increasingly pessimistic," said Richard Jones, deputy executive director of the IEA and a former U.S. diplomat.

"We've been trying to warn our member countries," which includes most of the industrialized world, Jones said. "It's getting harder and harder to meet this target."

To have a good chance of staying below that amount of warming, the world has only a certain budget

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