The world is still on track to reach peak oil around 2030 if countries stick to their “stated policies,” according to a new report released Wednesday by the International Energy Agency.

But the emissions prognosis is looking worse than it did a year ago, thanks in large part to an about face on U.S. climate policy under President Donald Trump that has slowed renewable energy and electric vehicle growth projections.

The intergovernmental IEA puts out its World Energy Outlook every fall modeling energy trends and global emissions under different scenarios, including one based on “stated policies” and the agency’s reading of the direction countries are moving in to confront climate change.

Last year, the agency projected a growth in renewables based on countries’ stated policies, which wou

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