IT’S THE END OF OIL: Blockbuster IEA Report Urges No New Fossil Development

No new investment in oil, gas, or coal development, a massive increase in renewable energy adoption, speedy global phaseouts for new natural gas boilers and internal combustion vehicles, and a sharp focus on short-term action are key elements of a blockbuster Net Zero by 2050 report released Tuesday morning by the International Energy Agency (IEA).