Nov. 30, 2012: North America Leads Shift in Global Energy Balance, Says IEA
LONDON — The global energy map is changing in dramatic fashion, primarily due to increased oil and gas production in North America, the International Energy Agency (IEA) announced as it introduced the 2012 edition of its World Energy Outlook.
“North America is at the forefront of a sweeping transformation in oil and gas production that will affect all regions of the world, yet the potential also exists for a similarly transformative shift in global energy efficiency,” said Maria van der Hoeven, IEA executive director. “This year’s World Energy Outlook shows that by 2035, we can achieve energy savings equivalent to nearly a fifth of global demand in 2010. In other words, energy efficiency is just as important as unconstrained energy supply, and increased action on efficiency can serve as a unifying energy policy that brings multiple benefits.”