""Today's report provides a menu of immediate and concrete measures that can be taken on the demand side by governments, businesses and households to shelter consumers from the impacts of this crisis," Birol said."
"The agency estimates that about one-third of jobs in advanced economies can be done remotely, versus about one-fifth in developing nations, based on its internal analysis of labor patterns and mobility trends."
"Mixing in a few remote workdays per week could cut oil consumption by up to 6%, since commuting accounts for between 5% and 30% of car activity across regions."
"Officials suggested starting with voluntary compliance before moving to mandatory speed limits if needed to ensure fuel savings."
The International Energy Agency calls for urgent actions to cut fuel consumption as energy prices surge due to the Iran war. Executive Director Fatih Birol emphasizes the need for governments to protect consumers from price shocks. The IEA suggests measures such as promoting remote work, which could reduce oil demand significantly. Additionally, the agency recommends lowering highway speeds to save fuel. Some countries have already implemented changes like four-day workweeks and public sector shutdowns in response to the crisis.
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