Mohamed ElBaradei, International Atomic Energy Agency | July 28, 2008
We only have a few decades before world’s oil supplies start to run out and we have to use that time wisely to develop long-term solutions to the world's energy needs. ++ To achieve that, the world needs a global energy institution to coordinate political action on the issues of energy and related, e.g. poverty or climate change. ++ Existing agencies such as International Energy Agency or UN-Energy have too limited mandates and membership to solve global energy problems. ++ This is too serious an issue to be left to market forces alone.