Fosil Fuels
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We Need a Total Fossil Fuel Lockdown for a Climate Revolution
Growth in renewable power has been impressive over the past five years. But too little is happening in heating, cooling and transport. Overall, global hunger for energy keeps increasing and eats up progress, according to REN21’s Renewables 2020 Global Status…
The Oil & Gas Industry Doesn’t Have a Bright Future
The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower…
Daily Global CO2 Emissions ‘Cut to 2006 Levels’ During Height of Coronavirus Crisis
Global restrictions put in place COVID-19 pandemic saw carbon dioxide emissions fall to their lowest level since 2006. The drop was highest in early April, when regions responsible for 89% of global emissions were under some form of lockdown. The…
How Fossil Fuel-Derived Pesticides and Plastics Harm Health, Biodiversity, and the Climate
A new commentary published in The Lancet Diabetes & Endocrinology shows how three global health threats – chemical pollution (including endocrine disrupting chemicals), loss of biodiversity and climate change – are more strongly interlinked than previously thought by their common…
Record Global Carbon Dioxide Concentrations Despite COVID-19 Crisis
Over the past few weeks there have been many reports of localized air quality improvements as the world has locked down to combat the coronavirus pandemic. However, no one should think that the climate crisis is therefore over—far from it.…
Will the Historic Decisions Bring the Oil Industry Back From the Brink?
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining…
The COVID-19 Crisis Has a Profound Impact Also on the Energy Sector
In three reports published today, the Energy Community Secretariat assesses the current status of financial liquidity of the electricity sector; compiles information about support from International Financial Institutions and commercial banks; and measures taken by energy regulators to address the ongoing…