"Today's publication by the IEA of their World Energy Outlook makes stark reading for Governments around the world" - said Eamon Ryan TD, Minister for Communications, Energy and Natural Resources.
The Minister addressed the report's findings in the Seanad on the establishment of a new join Oireachtas committee on climate change and energy security. Commenting, Minister Ryan said - "According to the IEA, a global oil crisis before 2015 cannot be ruled out. Their Energy Outlook also paints a bleak picture of carbon emissions into the future, predicting a 57% increase if current trends continue.
"The report tells us that the consequences of unfettered growth in global energy demand are alarming. I share this view and welcome this timely reminder to Governments to curb runaway energy demand. We need to act now if we are to tackle the twin threats of climate change and energy security. The IEA tell us that all is not lost - Government action can alter these trends.
"We need a radical shift in how we create and use our energy. The challenge is for every country to put in place a low-carbon energy system. This is a stated priority of my Ministry and I will work with all parties and groups to make the radical changes that Ireland so urgently needs.
"The report shows us that energy efficiency measures stand out as the cheapest and fastest way to curb demand and emissions. Central to this will be the national Energy Efficiency Action plan, which is concluding its public consultation phase next week.
"The Green Party is in Government precisely to prevent the 'business as usual' scenario as envisaged by the IEA. The next ten years are crucial - we will need every political party, Department, every local authority and every citizen to become aware of how their energy usage affects the economy and the world.
"I believe the new Joint Oireachtas committee will have a crucial role in exploring this energy challenge and I look forward to working with all parties over the next 5 years."