By SARAH KENT
LONDON -- The tools are at hand to halve the fuel used by
the world's transport sector by 2050, but government action is
needed to encourage the use of better technology and fuel efficiency
improvements and prevent demand reaching unsustainable levels,
the International Energy Agency said Wednesday.
One way or another we need to reduce the dependency of
the transport sector on oil, said the IEA's deputy
executive director, Ambassador Richard Jones, adding
governments must take political action to promote fuel
In two reports published Wednesday, the IEA said there was
massive potential for fuel efficiency improvements to reduce
demand for transport fuels by 2050, even if the number of
vehicles on the road double over the same period.
The reports highlight technology already available or
about to enter the mainstream market that is capable of
significantly improving fuel efficiency.
The uptake of these technologies should be encouraged by
government policy packages, the IEA writes in
Policy Pathway: Improving the Fuel
Economy of Road Vehicles.
Better labeling, fiscal policy and standards should all be
used to in the next decade to start the necessary turnover of
inefficient vehicle stocks, the IEA says.
Dow Jones Newswires