Lower demand for coal will make natural gas an increasingly important fuel The International Energy Agency (IEA) released its annual World Energy Outlook Wednesday, saying natural gas will play an increasingly important role in the mix of global fuels through to 2040. Renewables will also play a leading role moving forward, but to what extent will depend on how countries implement the Paris Climate Agreement, which President-Elect Donald Trump has threatened to pull out of following his inauguration. Regardless of the uncertainty around renewable energy and the Paris Agreement, natural gas will likely see major gains, said IEA Executive Director Fatih Birol. “Given the economics natural gas can provide for the energy system, whatever policy we have, natural gas always comes out one of the big winners,” Birol said. “We see clear winners for the next 25 years – natural gas but especially wind and solar – replacing the […]