Student minds are driving big change
Student body presidents from eight top US universities came together recently to endorse a statement on fossil fuel divestment drawn up by Harvard University’s Undergraduate Council.
IEA
IEA sees $1.4 trillion clean energy opportunity in India
India is set for the largest increase in energy demand of any country over the next 20 years. This underscores the potential for policies and investment to accelerate the clean energy transition, the International Energy Agency (IEA) said in a new report.
India courts ExxonMobil with upstream offer
The Indian government is trying to persuade ExxonMobil to take stakes in offshore acreage controlled by state-backed Oil & Natural Gas Corporation (ONGC).
Big Money drives transition in face of old resistance
It is the hottest topic of all time for the energy industry. The energy transition that began more than 25 years ago is now central in the battle to curb and reverse runaway climate change within 30 years.
Pandemic takes toll on funding for low-carbon innovation
“Recovery plans rooted in the energy transition represent a far-sighted investment.” So claims Irena, the International Renewable Energy Agency.
Sustainable Recovery: A roadmap that makes sense
Sustainable Recovery may be the most significant report ever produced by the IEA and the reason why is that the agency was partnered by the International Monetary Fund.
Record spending cuts this year, IEA warns
The coronavirus pandemic has triggered the “largest drop in global energy investment in history”, the International Energy Agency (IEA) has said, launching its World Energy Investment 2020 report.
IEA calls for deeper cuts
The International Energy Agency (IEA) has called for the OPEC-led group to take more production offline and faster than previously agreed.
IEA: short-term pain to balance out in second half
Actions taken by producer states under the OPEC+ banner, coupled with moving oil into storage, should see a stock draw of 4.7 million barrels per day in the second half of 2020, the International Energy Agency (IEA) has said in its recent Oil Market Report (OMR).
Oil set for weekly gain after finding floor amid virus confusion
Oil headed for its first weekly gain since early January after prices found a floor amid uncertainty over how the coronavirus will play out and whether OPEC+ will respond with additional production cuts.
Energy emissions stay flat as rich nations kick coal habit
Global emissions from energy held steady in 2019 for the first time in three years. But the restraint all came from the U.S. and Europe as developing countries boosted use of the most polluting fossil fuels.
‘Rapid and widespread’ change to energy systems needed to combat global warming – IEA report
Rapid and widespread changes are needed across the world's energy systems to tackle climate change and ensure sustainable development, experts have said.
IEA: Gas and renewables to power Africa
The struggle to provide Africa with energy will become increasingly important, particularly in terms of balancing power with carbon emissions, a new report from the International Energy Agency (IEA) has said.
Save the world, shrink the majors, new report says
The seven majors must cut production by 35% by 2040, and emissions by 40%, if the world is to warm by only 1.6 degrees Celsius, according to a new report from Carbon Tracker Initiative.
The place for gas in South Africa’s energy plans
The South African government has published its Integrated Resource Plan (IRP) with the aim of setting out the country’s future energy mix.
Offshore wind needs $1.2 trillion to hit climate goals, IEA says
An influx of new offshore wind farms around the world is set to draw $840 billion of investments over the next two decades, the International Energy Agency said.
Demand overshadows risks
Oil price predictions always end in disaster but complacency in the market poses a number of risks, given global uncertainty.
Oil steadies as Saudis pledge swift return of lost production
Oil held its decline from the dramatic spike earlier in the week as supply assurances from Saudi Arabia and the International Energy Agency calmed the market after the devastating weekend attacks.
Oil set to drop as IEA warns OPEC faces looming surplus
Oil is set for its biggest weekly loss in nearly two months as the International Energy Agency warned of a looming supply glut, while OPEC and its allies urged members to maintain, rather than deepen, output cuts.
US exports more oil than Saudi Arabia thanks to shale production
The US briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more.
Hydrogen economy could insulate Scotland from volatile oil price
In the week or so before I sat down at my desk to write this column, four important and potentially linked events took place.
Carbon emissions leap as global growth strengthens fossil fuel demand
Carbon emissions from fossil fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and India.
Oil demand to strengthen despite economic slowdown, IEA says
Global oil demand remains on course to be stronger this year than in 2018 as a boost from lower fuel prices counters slowing economic activity, according to the International Energy Agency.
IEA: Governments must decide ‘today’ on drive towards clean energy
Governments must make decisions "as of today" to drive the world towards clean energy in a bid to cut carbon emissions and improve air quality, the International Energy Agency has said.
Electrifying the world no panacea for global warming, IEA says
Driving electric cars and scrapping your natural gas-fired boiler won’t make a dent in global carbon emissions, and may even increase pollution levels.