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Nord Stream Methane Leaks are ‘World’s Worst’ – What Does it Mean for Climate Change?
Methane is one of Earth’s most dangerous gases for climate change. And record levels of it are thought to be leaking into the atmosphere from four ruptures in the Nord Stream 1 and 2 natural gas pipelines under the Baltic Sea.…
Natural Gas Markets Expected to Remain Tight Into 2023 as Russia Further Reduces Supplies to Europe
Russia’s continued curtailment of natural gas flows to Europe has pushed international prices to painful new highs, disrupted trade flows and led to acute fuel shortages in some emerging and developing economies, with the market tightness expected to continue well…
Five Cross-cutting Barriers to Bioenergy Deployment and How to Address Them
Bioenergy – solid biofuels, biogas, biomethane and liquid biofuels – already makes a significant contribution to the world’s energy supply, but half of the deployment currently takes the form of traditional uses of bioenergy for cooking and heating, mainly in…
The Clean Energy Economy is Gaining Ground, But Greater Efforts are Needed now to Get on Track for Net Zero by 2050
Despite encouraging signs of progress across a number of sectors, stronger efforts are needed to bring the world on track to reach net zero emissions by mid-century, according to the IEA’s latest appraisal of global progress on clean energy technologies.…
Renewable Energy Jobs Hit 12.7 Million Globally
Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year despite the lingering effects of COVID-19 and the growing energy crisis, according to a new report. Renewable Energy and Jobs: Annual Review…
Power-sector Emissions are Set to Fall in 2022. – Thanks to Renewable Energy
Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand. Renewable energy has seen a promising uptick over the last few years,…
EBRD Helps Montenegro to Scale Up Investments in Renewables
Montenegro plans to increase the share of renewables in its energy mix with a comprehensive programme of renewable energy auctions that will bring private investment into the sector. The European Bank for Reconstruction and Development (EBRD) is helping the Ministry…