UK: Energy efficiency progress falters amid pandemic: IEA
LONDON (Reuters) - Global progress toward energy efficiency has slowed to its lowest rate in 10 years due to subdued prices amid the COVID-19 pandemic, the International Energy Agency said on Thursday, dealing a setback to efforts to curb climate change.
“As a result of the crisis and continuing low energy prices, energy intensity is expected to improve by only 0.8% in 2020, roughly half the rates (last year)”, to levels last reached in 2010, the Paris-based watchdog said in a report.