I think, for OPEC, the main challenge is to have a price level which brings good profits to them, good incentives for the investments, but at the same time, to prevent prices going to very high levels. Fatih Birol Read Quote
When I look at the many energy-using sectors – such as businesses, households, electricity generators, the transportation sector – I see that the business sector is the one which uses the energy efficiency potential the highest, because they know that using energy more efficiently will also reduce their costs. Fatih Birol Read Quote
I believe there should be some financial incentives to make the right choice: to make them to buy the right car or not to buy a car but using public transport systems. I believe that these financial incentives are important. Fatih Birol Read Quote
I think my biggest fear is having another global war which might have been a result of sharing the primary commodities in the world. Fatih Birol Read Quote
Industry has to find a way. together with the governments, to find new modes, new modalities for transportation. Fatih Birol Read Quote
The energy sector presents exceptional opportunities for governments and investors. Fatih Birol Read Quote
Humanity’s future, to say nothing of its prosperity, will depend on how the world tackles two central energy challenges: securing reliable supplies of affordable energy and switching to efficient low-carbon energy. Fatih Birol Read Quote
Strong policies and innovation can make the difference for energy security, climate change, air quality, and universal access to modern energy services in parallel – in short, building a secure, affordable, sustainable energy system that is available to all. Fatih Birol Read Quote
Governments have always played an important role in energy investment, but this role has been increasing due to both geography and technology. Fatih Birol Read Quote