World energy council tells us to ''get real'' on energy challenge

Policy-makers should "get real" about the global energy crisis, the world economy is falling a long way short of internationally agreed goals to deliver universal energy access, energy security, and genuine environmental sustainability over the coming decades.

A report published this week by the World Energy Council (WEC), which represents more than 3,000 member organisations across industry, academic institutions and government agencies, concludes that even in the best case scenario global greenhouse gas emissions are set to breach the "safe" level of 450 parts per million by 2050.

It calls for a renewed focus on policy measures that lower energy demand, the removal of fossil fuel subsidies that distort markets, increased investment in electricity storage and carbon capture technology, and a major push to educate political and business leaders on the nature of climate risk and how to effectively price it.