The world is at the 'dawn of a new industrial age' of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, the International Energy Agency said on Thursday.
Electric cars are being charged on a street in the Norwegian capital Oslo on April 30, 2019. Rich or not, young and old, hip urbanites and rural dwellers alike: Norwegians are increasingly switching to electric cars. The choice is especially green in this country, where most of the electricity produced is environmentally friendly, derived from hydro power. Jonathan Nackstrand/ AFP
The figure is more than three times larger than current levels but is conditional on countries fully implementing their energy and climate pledges, it added. But the Paris-based organization warned that the concentration of resource extraction and manufacturing poses risks to supply chains. Supply chain tensions risk making the energy transition more difficult and expensive, the report added.
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