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The Latest Breaking News from Fatih Birol

World Added 50% More Renewable Energy But More Needed: IEA

The world added 50 percent more renewable energy capacity in 2023 over the previous year but more is needed in the battle against climate change, the International Energy Agency said Thursday.

International Business Times

Renewable Energy Boasts Record Growth, Driven by Solar and Wind

The International Energy Agency reports that renewable energy experienced its fastest growth in 25 years, driven primarily by solar power in China.

Top News

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says

The amount of renewable energy installed around the world last year grew at its fastest rate in the past 25 years

The Independent UK

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World’s renewable energy capacity grew at record pace in 2023

IEA report says 50% growth last year keeps hope of achieving Cop28 climate target of tripling clean energy capacity

The Guardian - UK

'It's Finished!': IEA Boss Says COP28 Bid Farewell To Fossil Fuels

While the UN's COP28 climate summit marked a pivot moment, when the world pledged to say "goodbye" to fossil fuels, International Energy Agency chief Fatih Birol told AFP on Friday, it needs to now urgently boost finance for the energy transition in developing countries.

International Business Times

‘Magical’ tech innovations a distraction from real solutions, climate experts warn

Overemphasis on innovation and carbon removal risks distracting from main goal of stopping use of fossil fuels, say scientists

The Guardian - UK

Why is the phase-out of fossil fuels the biggest flashpoint at Cop28?

The issue dominating the climate talks may appear to be a simple scientific one but is in fact complex and deeply political

The Guardian - UK

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Oil and gas firms must convert to renewables or face decline, says IEA chief

Fatih Birol says fossil fuel use will peak in 2030, and urges companies to lead switch to green energy

The Guardian - UK

OPEC Lashes Out At IEA's Fossil Fuel Warning As International Climate Summit Looms

OPEC's Secretary General loudly defended continued investments in oil and gas on Monday, just days before the beginning of COP28 in Dubai.

International Business Times

‘It’s like buying an iPhone and not having a cable’: UK’s bid for net zero in the balance due to grid ‘blind spot’

As well as more clean energy, Britain (and the world) needs miles of extra cable to carry it. But a global shortage of components and skills means efforts to meet climate targets will go down to the wire

The Guardian - UK

First Thing: Dutch election results put Geert Wilders’ far-right party in lead

European far-right leaders celebrate success of Wilders’ Party for Freedom, which has won 37 seats. Plus, welcome to the world of gossip surveillance

The Guardian - UK

Current fossil fuel use makes UN climate targets 'very difficult' to achieve, says IEA

The International Energy Agency warned Tuesday that energy policies must evolve if global warming is to be limited to 1.5 degrees Celsius, saying fossil fuel use is still "far too high".

Radio France Internationale

Sunak faces further pressure over net zero U-turn after IEA warning

Energy watchdog says countries risks fuelling climate crisis and damaging their economies by rowing back on green policies

The Guardian - UK

Gaza has oil markets on edge. That could build more urgency to shift to renewables, IEA head says

Oil prices are up and markets are tense after the outbreak of war in Gaza

The Independent UK

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WEKU

Global shift to clean energy means fossil fuel demand will peak soon, IEA says

Fossil fuel demand will peak and renewable energy will grow rapidly in coming years, according to an International Energy Agency report.

Fortune

Saudi crown prince Mohammed bin Salman’s 2030 growth plan bears fruit as Hyundai inks deal to join Lucid as next carmaker in the Gulf

As the IEA predicts global demand for transport fuels will peak in 2026, the Saudi monarchy is in a race to diversify its economy by the end of the decade.

The Independent UK

Electrical grids aren't keeping up with the green energy push. That could risk climate goals

Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines aren't added or refurbished in the next few years

The Guardian - UK

Global electricity grid must be upgraded urgently to hit climate goals, says IEA

Investment needs to double to more than $600bn a year by 2030 after ‘decade of stagnation’, says agency

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Radio France Internationale

Policymakers urge Europe to move faster on clean energy transition

International policymakers have warned that Europe must invest more quickly and massively in its energy transition if it wants to remain a global industrial power.

The Guardian - UK

The Guardian view on the Rosebank oilfield: a symbol of Sunak’s cynicism

Editorial: The PM continues to play politics with the climate emergency. The dismal consequences will long outlast his time in office

Radio France Internationale

Rich nations, China must accelerate to improve net zero targets: IEA

Rich and developing nations alike must sharply improve their net-zero targets, the International Energy Agency said Tuesday, warning that a clean energy surge was the main reason the world's climate goals are still within reach.

The Guardian - UK

First Thing: Biden joins stars in hailing ‘deal’ to end Hollywood writers strike

Writers Guild of America says tentative agreement on pay and conditions ‘due to the willingness of this membership to exercise its power’. Plus, how to deal with garlic breath, according to scientists

The Guardian - UK

‘Staggering’ green growth gives hope for 1.5C, says global energy chief

IEA’s Fatih Birol says uptake of solar power and EVs is in line with net zero goal but rich countries must hasten their broader plans

The Independent UK

Paris Agreement target still alive thanks to clean energy growth, says IEA

Trillions of dollars of investment in clean power is needed this decade to accelerate its growth, the agency has set out in a new report.

The Conversation

EV sales growth points to oil demand peaking by 2030 − so why is the oil industry doubling down on production?

Electric vehicle sales are growing faster than expected around the world, and, sales of gas- and diesel-powered vehicles have been falling. Yet, the U.S. government still forecasts an increasing demand for oil, and the oil industry is doubling down on production plans.

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