The International Energy Agency says the clean energy needs more incentives for private sector investment and market mechanisms.
The International Energy Agency recommends cutting the more than $550 billion in subsidies to fossil fuel industries to encourage shift to efficiency and low-carbon fuels.
Home electronics account for 15 percent of electricity bills and its share is growing rapidly. The International Energy Agency calls for policies to promote efficiency in consumer electronics.
International Energy Agency's annual report says that trillions of dollars need to be invested in clean technologies for economic, social, and environmental reasons.
Group backed by UN and IEA says also that more green power is being added to the grid, partly because of shifting deployment and manufacture to emerging economies.
Debate on Lieberman-Warner Climate Security Act is scuttled. Meanwhile, the International Energy Agency calls for $45 trillion energy revolution.