Australian Resources Minster Matt Canavan on Thursday said that the latest World Energy Outlook had reinforced opportunities for Australia to strengthen its role as a growing, reliable and competitive supplier of high quality coal and gas to Asia, including the fast-growing Indian economy.
The World Energy Outlook 2019, released by the International Energy Agency (IEA), has estimated that under the Current Policies Scenario, global energy demand will rise by 1.3% a year to 2040, resulting in strains across all aspects of energy markets and a continued strong upward march in energy-related emissions.