InvestmentsTop Global NewsMarketsReal Estate No new fossil fuel projects if world is to reach net-zero carbon emissions by 2050: IEA By financialnews_rlv83x - May 18, 2021 0 94 All future fossil fuel projects must be scrapped if the world is to reach net-zero carbon emissions by 2050 and to stand any chance of limiting warming to 1.5 degrees Celsius, the International Energy Agency (IEA) said on Tuesday (May 18).