Tim Gould, Co-head of the World Energy Outlook at the International Energy Agency (IEA), discusses vital trends influencing the energy transition. He reveals that global fossil fuel demand is expected to peak within five years, reshaping markets and geopolitics. The conversation explores the surge in low-emission electricity sources, particularly wind and solar, projected to dominate power generation by 2030. Additionally, they delve into rising energy demands from data centers, evolving expectations for hydrogen, and the urgent investments required to meet climate targets.

Tim Gould, the chief energy economist at the International Energy Agency, sheds light on the hidden costs of the clean energy transition. As demand for critical minerals like lithium, cobalt, and copper surges, he discusses the potential environmental and social impacts, particularly in developing countries. The conversation dives into the role of U.S. policy in mitigating mining damage and explores how to balance resource extraction with sustainability. Gould emphasizes the urgent need for innovative approaches to secure a cleaner energy future.