Fossil fuel subsidies are a hand brake as we drive along the road to a sustainable energy future.
We should not only look at the short-term economic benefits of fossil fuels but also at the bad news for climate change. We should therefore not greet the fossil fuel age unconditionally.
Energy is a linchpin of economic prosperity, with energy security, reliability, and affordability key preconditions for sustainable growth.
We have to use cars much more efficiently. We have to look at alternative technologies of cars such as biofuels or, even more importantly, electric cars.
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.
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.
I think my biggest fear is having another global war which might have been a result of sharing the primary commodities in the world.
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.
Renewables are critical in our fight against climate change.
