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The Latest Breaking News from IEA

Is Ukraine war speeding Europe’s transition to renewable energy?

Shortages are leading to policy pivot towards cleaner energy future, but some see lack of cash to sustain investment.

Al Jazeera

COP27: a year on from the Glasgow climate pact, the world is burning more fossil fuels than ever

The burning of fossil fuels caused 86% of all CO₂ emissions during the past ten years. Despite being the primary culprits of global heating, coal, oil and gas were barely mentioned in the official texts of previous UN climate change summits.

The Conversation

Europe urged to save natural gas to avoid shortage next year

The International Energy Agency says Europe could face a severe natural gas shortage next year and needs to act now to conserve

The Independent UK

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Conservatives insist policies to cut emissions drive up power bills. There’s net zero evidence for that

The International Energy Agency has laid to rest the persistent myth that net zero policies are responsible for soaring energy prices

The Guardian - AU

The West needs an energy alliance

The old line that "history does not repeat itself, but often rhymes", is an apt description of the evolving relationship between the West and its rivals. During the Cold War, the Soviet Union was a global superpower, owing to its military prowess. Today, Russia's armed forces appear to be in…

Bangkok Post

Rishi Sunak defends think tank behind Liz Truss Budget disaster OLD

Prime minister warned that ‘gullible’ politicians could fall for free market think tank claims again

The Independent UK

Russia's oil and gas sector will never recover from Putin's invasion of Ukraine

New projections show Russia never regaining its former stature in world markets.

Axios

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An influential energy group sees reason for climate optimism

For the first time, the International Energy Agency projects that demand for fossil fuels will soon peak. It's nowhere close to the speed the world needs to stop climate change - but it's a big step.

WEKU

Carbon emissions to peak in 2025 but ‘we must curb energy demand’, warns expert

Global carbon emissions from energy are to peak in 2025 due to increased spending on clean fuels following Russia’s invasion of Ukraine, the world’s leading energy organisation has said.

Evening Standard

World close to ‘irreversible’ climate breakdown, warn major studies

Key UN reports published in last two days warn urgent and collective action needed – as oil firms report astronomical profits

The Guardian - UK

First Thing: Climate crisis funds ‘not delivered’ to countries in grave need

With famine in Somalia almost inevitable, $100bn a year pledge criticised. Plus, China is locking down parts of Wuhan again

The Guardian - UK

IEA says carbon emissions will peak in 2025 in ‘historic turning point’

The International Energy Agency says global energy emissions will likely peak in 2025 as surging prices due to the Russian invasion of Ukraine propel investment in renewable energy sources such as wind and solar.

Radio France Internationale

Ukraine war to speed shift to green energy, IEA says

Energy crisis is leading to policy changes and more investment in green energy amid sanctions on Russia’s supplies.

Al Jazeera

Carbon emissions from energy to peak in 2025 in ‘historic turning point’, says IEA

International Energy Agency says Ukraine invasion boosted state spending on clean energy and ‘will accelerate transition to renewables’

The Guardian - UK

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France 24

Russia targets power grids in central Ukraine in overnight strikes

Russia targeted power grids in central Ukraine overnight as Ukraine boosted its military force near the border with Belarus to counter any possible Russian attack. Follow our liveblog to see how the day's events unfolded. All times are Paris time (GMT+2).

Axios

Fossil fuel consumption expected to peak in this decade

The International Energy Agency projection would be too late to meet Paris Agreement targets.

Reuters

World is in its 'first truly global energy crisis' - IEA's Birol

Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of "the first truly global energy crisis", the head of the International Energy Agency (IEA) said on Tuesday.

The New Daily

Michael Pascoe: Trussonomics lives on in Australia – and via our man at the UN

Liz Truss is gone as British Prime Minister, but the forces that elevated her live on – both in the UK and here, writes Michael Pascoe.

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The Guardian - UK

Truss has discredited high-octane, free-market economics – perhaps for ever

Trussonomics, and Brexitism, have proven the dangers of trying to turn rightwing ideology into reality

Reuters

Global CO2 emissions to grow less than 1% this year thanks to renewables- IEA

Global carbon dioxide emissions from burning fossil fuels are expected to rise by just under 1% this year, as the expansion of renewables and electric vehicles outweighed coal demand, the International Energy Agency (IEA) said.

The Independent UK

What is 55 Tufton Street? The house that ‘crashed’ the UK economy

Westminister home of conservative think-tanks targeted by Led By Donkeys over failure of ‘Trussonomics’

The Guardian - AU

Tim Winton urges Fremantle Dockers to drop Woodside Energy sponsorship

Group of fans including former WA premier Carmen Lawrence say having fossil fuel company as major sponsor is ‘no longer appropriate’

Tribune News Service

Ukraine keeps power on despite Russia’s missile barrage

Russian missile and drone strikes targeting Ukrainian power infrastructure over the past week have failed to knock electricity supply off the grid for any prolonged period, according to International Energy Agency data.

Bangkok Post

Oil output cuts 'raise recession risk'

LONDON: A decision by the Opec+ oil producers’ group last week to cut output has driven up prices and could push the global economy into recession, the International Energy Agency warned on Thursday.

The Guardian - UK

UK fracking and oil drilling good for environment, claims climate minister

Graham Stuart tells MPs that awarding more than 100 licences for North Sea drilling is a green policy

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