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The International Energy Agency predicts global demand for oil and gas will rise well beyond 2030, marking a sharp departure from the agency\u2019s previous forecasts that demand for oil would peak by 2030<\/a>.<\/p>\n In a new report, the IEA says low gas prices, growing concerns over energy security and a global lack of ambitious climate policies will delay the peak of the fossil fuel era until at least 2050<\/a>.<\/p>\n The report comes as world leaders meet in Brazil for this year\u2019s United Nations Climate Change Conference, or COP30, where extreme heat, President Donald Trump\u2019s broad reversal of the U.S.\u2019s climate action policy<\/a> and a slowing of action to curb emissions are high on the agenda. Last year was the hottest on record and the first to exceed 1.5 degrees Celsius<\/a> above preindustrial levels, the report shows. The IEA projects that under current policies, the world is on track for 2.5 to three degrees C of warming by 2100, far above the 2015 Paris Agreement goal of keeping global temperatures below two degrees C.<\/p>\n On supporting science journalism<\/p>\n If you’re enjoying this article, consider supporting our award-winning journalism by subscribing<\/a>. By purchasing a subscription you are helping to ensure the future of impactful stories about the discoveries and ideas shaping our world today.<\/p>\n The report warns that the 1.5-degree-C target<\/a> will be out of reach without the removal of carbon dioxide with technologies such as carbon sequestration. The agency says that if countries rapidly scale up renewables, energy efficiency and clean fuel use, however, further warming may still be preventable.<\/p>\n Climate advocates have pointed to other mitigation efforts beyond policy that could muddy the IEA\u2019s forecasting. \u201cThere\u2019s a revolution happening right now and it\u2019s in renewables and electrification,\u201d said Dave Jones, chief analyst at Ember, a London-based energy research organization, to the New York Times<\/a>. \u201cScenarios based on policies and legislation are behind the curve of technology change.\u201d<\/p>\n It\u2019s Time to Stand Up for Science<\/p>\n If you enjoyed this article, I\u2019d like to ask for your support. Scientific American has served as an advocate for science and industry for 180 years, and right now may be the most critical moment in that two-century history.<\/p>\n I\u2019ve been a Scientific American subscriber since I was 12 years old, and it helped shape the way I look at the world. SciAm always educates and delights me, and inspires a sense of awe for our vast, beautiful universe. I hope it does that for you, too.<\/p>\n If you subscribe to Scientific American<\/a>, you help ensure that our coverage is centered on meaningful research and discovery; that we have the resources to report on the decisions that threaten labs across the U.S.; and that we support both budding and working scientists at a time when the value of science itself too often goes unrecognized.<\/p>\n In return, you get essential news, captivating podcasts<\/a>, brilliant infographics, can’t-miss newsletters<\/a>, must-watch videos, challenging games<\/a>, and the science world’s best writing and reporting. 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I hope you\u2019ll support us in that mission.<\/p>\n","protected":false},"excerpt":{"rendered":"November 12, 2025 2 min read IEA Now Predicts Oil and Gas Demand Will Rise beyond 2030, Departing…\n","protected":false},"author":2,"featured_media":133630,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[273,111,139,69,147],"class_list":{"0":"post-133629","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-environment","9":"tag-new-zealand","10":"tag-newzealand","11":"tag-nz","12":"tag-science"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/133629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=133629"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/133629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/133630"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=133629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=133629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=133629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}