November 19 , 2025
13 hrs 0 min
17
- The International Energy Agency (IEA) released the World Energy Outlook 2025, detailing global energy trends, emissions, and security.
- The report includes three scenarios:
- The Current Policies Scenario (CPS),
- The Stated Policies Scenario (STEPS), and
- The Net Zero Emissions by 2050 Scenario (NZE).
- Under the CPS, oil demand increases to 113 million barrels per day by 2050, and global energy demand rises by 90 exajoules by 2035.
- All scenarios show global temperatures crossing 1.5°C, with the CPS leading to almost 3°C of warming by 2100.
- The report notes major supply chain risks for critical minerals, with one country, mostly China, refining 19 of 20 strategic minerals.
- More than half of these minerals are under export controls, increasing risks to global energy security.

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