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European Commission And International Energy Agency In A Common Bid To Reduce EU Reliance On Russian Fossil Fuels
The European Commission and the International Energy Agency are joining forces to help EU countries reduce their reliance on Russian fossil fuels. By strengthening investments in clean energy and energy efficiency, the project aims to mitigate the impact of Russia’s…
G7 Members Have a Unique Opportunity to Lead the World Towards Electricity Sectors With Net Zero Emissions
G7 members are well placed to fully decarbonise their electricity supply by 2035, which would accelerate the technological advances and infrastructure rollouts needed to lead global energy markets towards net zero emissions by 2050, according to a new report from…
With Only 2 percent of Governments’ Recovery Spending Going to Clean Energy Transitions, Global Emissions Are Set to Surge to an all-time High
Governments worldwide are deploying an unprecedented amount of fiscal support aimed at stabilising and rebuilding their economies, but only about 2 percent of this spending has been allocated to clean energy measures, according to new analysis from the International Energy…
IEA Calls on Companies, Governments and Regulators to Take Urgent Action to Cut Methane Emissions From Oil and Gas Sector
Drop in methane emissions from oil and gas industry in 2020 due mainly to lower production rather than prevention of leaks, says IEA as it releases new ‘how-to’ guide for policy makers to tackle issue. Methane emissions from the global…
IEA to Produce World’s First Comprehensive Roadmap to Net-Zero Emissions by 2050
The International Energy Agency announced that it will produce the world’s first comprehensive roadmap for the energy sector to reach net-zero emissions by 2050 as it further strengthens its leadership role in global clean energy transitions. The new special report,…
A Rebound in Global Coal Demand in 2021 is Set to be Short-Lived, but no Immediate Decline in Sight
After a major drop in recent years, global coal demand is forecast to rise by 2.6 percent in 2021 before flattening out to 2025. A global economic recovery in 2021 is expected to drive a short-lived rebound in coal demand…
Urgent Action Needed for the Energy Transition in Heating and Cooling
The transition to cleaner, more sustainable heating and cooling solutions can attract investment, create millions of new jobs and help to drive a durable economic recovery in the wake of the global COVID-19 crisis, says a new study by leading…