Big polluters need to move faster to wean themselves off fossil fuels and rely less on expensive and underperforming technologies, the International Energy Agency warned in its latest net zero assessment.
The influential energy watchdog has downgraded the role of technofixes such as carbon capture and hydrogen in meeting the goals of the Paris Agreement. As their development is failing to live up to expectations – the IEA argues – countries should instead focus on the “most cost-effective” solutions, like ramping up renewables, energy efficiency and electrification.
The updated scenarios give less cover to the oil and gas industry and petrostates to promote these technologies for prolonging the use of fossil fuels.
“Removing carbon from the atmosphere is very costly. We must do everything possible to stop putting it there in the first place,” said IEA executive director Fatih Birol in a statement.
The IEA is also calling on all countries to bring forward their net zero plans.
It says rich nations should reach net zero emissions by 2045 under an “equitable pathway” that sees historical polluters take the lead. Only a handful of European countries, including Germany, are aiming to achieve that target.
Carbon capture hype
The report is the first update to the road map for the energy sector to reach net zero by 2050 debuted by the IEA in 2021. That landmark report relayed a stark message to the fossil fuel industry: development of oil, gas, and coal must stop to remain within acceptable global warming thresholds.
Since then, as discussions around the possibility of phasing out fossil fuels heated up, the sector has increasingly taken shelter behind technofixes.
Countries that produce or rely on fossil fuels particularly advocate the use of carbon capture and storage (CCS) to trap their emissions, rather than ending the use of such fuels completely. This debate is expected to take centre stage at the Cop28 climate summit in November.
‘Unmet expectations’
The latest IEA assessment pours cold water on such a notion. It says the history of CCS “has largely been one of unmet expectations”, marked by slow progress and flat deployment. Only 0.1% of total annual energy sector emissions are currently captured in this way.
Catherine Abreu from the campaign group Destination Zero told Climate Home News it makes sense that models see a reduced role for these technologies. “The results of the small, tremendously expensive CCS projects that already exist make it clear that these projects are just about extracting more fossil fuels, not about cutting climate pollution,” she said.
In its new forecasts, the Paris-based agency has slashed the contribution of CCS to emission reductions in the power sector by around 40% compared to its 2021 scenario. But it can reduce or eliminate emissions in areas where other options are limited, such as heavy industries, the IEA added.
Hydrogen ‘problem’
The agency has also taken aim at hydrogen, describing it as “more of a climate problem than a climate solution” today. While demand for hydrogen has been rising, the overwhelming majority of it has been met with polluting production processes, mostly involving gas.
The IEA sees a diminished potential for hydrogen to decarbonise long-distance transport and iron and steel production, and only if it comes from “low-emission” sources such as renewables.
“Hydrogen was once considered a ‘wonderfuel’,” said Dave Jones from energy think tank Ember. “Now reality has hit home and there has been a real change in understanding of its limited uses.”
While CCS and hydrogen are underperforming expectations, the IEA keeps revising its projections for solar power and electric vehicles upwards. Cheaper renewables and stronger electrification prospects make them more appealing and viable options to reach net zero by 2050.
The IEA report comes at a time of rising tensions with oil producers. Two weeks ago Opec, the cartel of oil-producing nations, accused the agency of creating “dangerous” risks to energy security by stoking calls to end investment in fossil fuel projects.
Net zero acceleration
IEA’s Birol said “the pathway to 1.5C has narrowed in the past two years, but clean energy technologies are keeping it open”. He urged stronger international cooperation, ambition and implementation of climate plans.
The IEA’s roadmap to net zero in 2050
While calling on all governments to raise their net zero targets, the report offers a template for differentiated responsibilities around the world.
Advanced economies take the lead and reach net zero emissions by around 2045 in the IEA scenario. Germany is the only G20 country to have pledged such a target. The United States, the European Union, the United Kingdom, Japan and Canada are all aiming to get to that level by 2050.
China should get to net zero by 2050, according to the agency, bringing its plans forward by ten years. Poorer developing economies get there “well after” 2050 in this scenario.
Thomas Hale, professor of global public policy at Oxford University, said it was important for the IEA to underline the equity implications of getting the world to net zero by 2050.
“The fundamental question of who goes fastest and who follows is a challenge at the heart of current global climate politics,” he added. “The report shows governments there is a really attractive and achievable pathway to get there.”
He expected the IEA recommendations to be considered by governments when they update their nationally determined contributions (NDCs) to the Paris Agreement by 2025.
The post New IEA net zero report leaves big polluters less room to hide appeared first on Climate Home News.
New IEA net zero report leaves big polluters less room to hide
Climate Change
DeBriefed 19 June 2026: Bonn talks end in ‘gridlock’ | Energy’s ‘new era’ | Oceans in climate negotiations
Welcome to Carbon Brief’s DeBriefed.
An essential guide to the week’s key developments relating to climate change.
This week
Bonn talks close
‘SIDE-STEPPING AND STALLING’: UN climate talks in Bonn have ended in “gridlock”, according to Climate Home News. The outlet reported on the failure to balance developing countries’ need for climate-adaptation finance with “richer nations’ desire to move forward” on emissions cuts. It added that both topics were subject to “rule 16”, meaning no agreement could be reached and work will be pushed to the COP31 summit in Turkey. Inside Climate News quoted UN climate executive secretary Simon Stiell, who said the talks had seen “side-stepping and stalling”.
JUST TRANSITION: One “glimmer of hope” came from negotiations on achieving a “just transition”, reported Euronews. The news outlet said negotiators “made headway on operationalising the Belém-Antalya mechanism”, intended to support people in the shift to a low-carbon economy. However, Politico concluded that much of the focus in Bonn had “shift[ed] to efforts outside diplomatic talks – raising questions about the future of global climate negotiations”.
‘ATTACKING SCIENCE’: Agence France-Presse reported on the EU, Switzerland and “dozens of developing nations” warning of “attacks on science” by a “small group of fossil-fuels interests” in Bonn. Table Briefings explained that “the 1.5C target is increasingly being challenged” and the role of the UN climate-science panel – the Intergovernmental Panel on Climate Change (IPCC) – in an upcoming assessment of global climate progress “remains controversial”. See Carbon Brief’s full write-up of the talks for more detail.
US-Iran deal
PRICE DROP: The US and Iran announced that they have reached an interim agreement to halt the war and reopen the strait of Hormuz, reported Bloomberg. Oil prices have fallen, as the “long-awaited deal” began the process of “eas[ing]” the global energy crisis triggered by the conflict, according to the New York Times. The Associated Press noted that high fuel prices will “likely outlast the Iran war”.
‘OIL GLUT’: The Financial Times reported that the International Energy Agency (IEA) has forecast a “glut of oil” emerging next year, if the peace deal holds. The IEA said this would allow countries to build new strategic reserves, as they “review their energy strategies and policies in response to the crisis”, according to Reuters.
‘NEW ERA’: Agence France-Presse reported that oil and gas companies have “few illusions about a return to normal for the Gulf energy industry after more than three months of blockage”. One analyst told the newswire that the war “showed the oil and gas industry that Hormuz risk is no longer just a geopolitical headline”.
Around the world
- OCEAN MONITOR: The Trump administration is “abandoning its plan” to dismantle a $368m ocean monitoring system key for tracking climate change after a “bipartisan backlash on Capitol Hill”, reported the New York Times.
- CORAL HAVEN: The New York Times covered preliminary research, presented at the Our Ocean Conference in Kenya, suggesting there could be three times as many “coral refugia” – where corals are relatively safe from climate change – than previously thought.
- BAD CREDIT: Down to Earth reported that the first carbon credits issued under the Paris Agreement’s new Article 6.4 mechanism are “facing scrutiny over alleged links to institutions controlled by Myanmar’s military junta”.
- OIL BACKTRACK: Reuters reported that oil-and-gas company Equinor has dropped a renewable-energy target and scaled back clean investments, while another Reuters story noted that Shell is selling off its offshore wind assets.
1.1 billion
The number of children facing “at least three overlapping climate hazards”, according to a new Unicef report covered by Agence France-Presse.
Latest climate research
- Including the “permafrost carbon-climate feedback” in climate models increases the chance of exceeding “tipping elements” – such as the Greenland ice sheets, Atlantic Meridional Overturning Circulation or Amazon rainforest – by up to 50% | Environmental Research Letters
- The intensity of influenza outbreaks could decline in temperate regions, but increase in tropical areas over the next century, as the climate warms | PNAS Nexus
- European snow cover has declined by 20% for December and January since the start of the industrial era, revealing an “unprecedented ongoing shrinkage of European winters” | Communications Earth & Environment
(For more, see Carbon Brief’s in-depth daily summaries of the top climate news stories on Monday, Tuesday, Wednesday, Thursday and Friday.)
Captured
The more than 2m battery electric vehicles (BEVs), 1m “plug-in” hybrids (PHEVs) and 100,000 electric vans on UK roads are already saving drivers a total of around £3bn a year, according to new Carbon Brief analysis. This amounts to savings of more than £1,100 a year in fuel costs for each BEV driver in the UK. The analysis comes amid reports in UK media this week that the government is considering “watering down” its EV sales targets.
Spotlight
Oceans rising at UN climate talks
The state of the world’s oceans is inextricably linked to the changing climate – and many delegates at UN climate talks want to see more focus on this issue, reports Carbon Brief.
Oceans are often described as the world’s “greatest ally” against climate change – absorbing 30% of carbon dioxide (CO2) emissions and most of the heat generated by those emissions.
They are also the site of important climate solutions, such as huge offshore windfarms and the shipping industry’s transition to cleaner fuels.
At the same time, the oceans themselves present a growing danger to coastal communities and sea life due to sea level rise, marine heatwaves and ocean acidification.
These diverse issues have led to growing calls within the UN climate process for more focus on oceans. During climate negotiations this week in Bonn – known as SB64 – nations and civil society had a chance to air these views during an “ocean and climate change dialogue”.
‘Elevate action’
Oceans first entered UN climate outcomes in 2019, when the final COP25 negotiated text requested a new “dialogue” on “the ocean and climate change to consider how to strengthen mitigation and adaptation action”.
The following years saw this dialogue established as an annual event. However, the political weight of these discussions has been limited.
COP31 is being co-led by Turkey and Australia, but with Pacific islands playing a supporting role. These small islands sometimes self-identify as “large ocean states”, stressing the ocean’s centrality in their societies.
In Bonn, figures from across the presidency threw their weight behind this issue. Chris Bowen, an Australian minister and incoming COP31 “president of negotiations”, told attendees:
“Australia, Turkey and the Pacific see an important opportunity to elevate ocean-based climate action.”
Strategies and finance
The two-day dialogue in Bonn involved a series of panels, statements and breakout groups.
One of the main topics was how oceans are integrated into national climate plans under the Paris Agreement, known as “nationally determined contributions” (NDCs).
Three-quarters of the latest round of NDCs mention oceans, with conservation of “blue carbon” ecosystems the most frequently described action. (Landscapes such as mangroves can both absorb CO2 and protect coastal areas.)
Delegates also discussed alignment with the UN biodiversity process, as well as ocean finance, which currently makes up less than 1% of all climate finance.
(As discussions were taking place in Bonn, country officials also gathered in Mombasa, Kenya for the 11th Our Ocean Conference. Carbon Brief’s associate editor Giuliana Viglione attended the conference and will publish a full summary shortly.)
Developing countries were clear that many of the ocean-related actions in their NDCs would depend on receiving more financial support.
‘Political momentum’
With the backing of the COP31 presidency, delegates were hopeful about where this year’s dialogue could lead.
Charles Hamilton, an advisor for the Bahamas who spoke for the Alliance of Small Island States (AOSIS) in the dialogue, told Carbon Brief that island representatives “are not traveling thousands of miles to just talk and pat ourselves on the back”. He added:
“A dialogue that just remains a dialogue is just more talk – no action.”
Given that, he said “discussions in the dialogue must move into COP decisions and the decisions must be actioned”, noting the importance of finance.
Marina Corrêa, oceans lead at WWF-Brazil, pointed to an upcoming UN climate change Standing Committee on Finance forum as a space to ramp up pressure on ocean finance.
More broadly, she wanted to see the presidencies translate their support into a “leader-level ocean initiative” that could “mainstream” oceans across negotiations.
“We have a really interesting opportunity, in terms of political momentum,” Corrêa told Carbon Brief.
Watch, read, listen
‘HOTTER THAN HELL’: An episode of the BBC’s Rare Earth podcast titled “hotter than hell” considered the issue of extreme heat, with input from experts and “people facing up to the hottest temperatures on the planet”.
NOT BROKEN?: John Drake, a professor of ecology at the University of Georgia, wrote an essay for Aeon – also re-published as a Guardian “long read” – questioning the framing of ecosystems and climate systems “breaking down”.
ON COURSE: On his Volts podcast, US climate journalist David Roberts interviewed UK climate minister Katie White, quizzing her about whether the UK will “stay the course with its climate plans”.
Coming up
- 20-28 June: London climate action week
- 21 June: Colombia presidential runoff
- 24 June: UK Climate Change Committee progress in reducing emissions 2026 report to parliament
Pick of the jobs
- Mongabay, managing editor – Africa | Salary: Unknown. Location: Global
- Contexte, environment reporter – Brussels | Salary: €45,000-€60,000. Location: Brussels
- Climate 200, communications director | Salary: Unknown. Location: Australia
- Energy Tracker Asia, energy transition correspondent | Salary: $3,000-$4,000 per month. Location: South-east Asia (remote)
DeBriefed is edited by Daisy Dunne. Please send any tips or feedback to debriefed@carbonbrief.org.
This is an online version of Carbon Brief’s weekly DeBriefed email newsletter. Subscribe for free here.
The post DeBriefed 19 June 2026: Bonn talks end in ‘gridlock’ | Energy’s ‘new era’ | Oceans in climate negotiations appeared first on Carbon Brief.
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