Fatih Birol
Fatih Birol
Fatih Birolis a Turkish economist and energy expert, who has been the Executive Director of the International Energy Agencysince 1 September 2015. He previously served as the Chief Economist and Director of Global Energy Economics at the IEA in Paris...
canada china co2 emissions equal expect growth korea united zealand
We expect CO2 emissions growth in China between now and 2030 will equal the growth of the United States, Canada, all of Europe, Japan, Australia, New Zealand and Korea combined,
arabia boost capital domestic increase influence might oil price reserves
Saudi Arabia has the oil reserves and the domestic capital to boost their production. But they might not want to increase their investments to boost production. They may want to influence the world price environment.
security supply
We think security of supply will be a big problem.
countries energy higher increase
If these countries do not increase their investments substantially, we will end up with difficulties on the energy markets. We may end up with much higher prices.
change climate security supply worried
Security of supply and climate change are what we are worried about. We think security of supply will be a big problem.
economic global growth higher oil sufficient timely
If investments do not come in a timely and sufficient manner, there will be higher oil prices, and global economic growth will suffer.
call countries europe happened leaving nuclear russia thinking ukraine
What happened between Russia and the Ukraine will be an important wakeup call for Europe and countries that were thinking of leaving nuclear aside.
country determined government poor rather respect turkey
Turkey is a very poor country in respect to power. This has made the country very vulnerable... I think this government is rather determined to go ahead.
gasoline general supply throughout united worried
We are worried about supply in general throughout the world and particularly of gasoline and particularly in the United States.
cut deal oil robust
The oil infrastructure is robust enough to deal with a 5% cut in supply.
average economic growth hits oil percent price slash
If this year's average oil price hits $50, then this will slash 0.8 percent of the world economic growth.
investment rocks
It's not about rocks or about reserves, it's about investment policy.
business fuel world
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 healthy suffering
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.