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The Latest Breaking News from IEA

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.

Bangkok Post

Nearly eight months into Ukraine war, EU still biggest buyer of Russian crude

NEW DELHI: It's been nearly 8 months since Russia invaded Ukraine, leading to the largest military conflict in Europe since World War II.

The Times of India

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

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

The Guardian - UK

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Beetaloo Basin holds ‘Australia’s greatest emissions reduction opportunity’, inquiry hears

In remarks dismissed by environmentalists, gas company boss Joel Riddle said reserves were ‘critical’ to lowering greenhouse gas emissions

The Guardian - AU

The BBC must take away the rightwing thinktanks’ megaphone

Letters: The reality of these organisations’ ideology – and its US origins – must be clearly exposed, writes Paul Clarke. Plus letters from Rev David Haslam, John Figliozzi and Martin Kerridge

The Guardian - UK

Revealed: rightwing ‘slash and burn’ ideas that could be blueprint for Truss

Exclusive: Free Market Forum suggests scrapping free childcare hours and abolishing corporation tax

The Guardian - UK

‘Reckless’ coal firms plan climate-busting expansion, study finds

Coal is the most polluting of all fossil fuels and investors must stop funding it, say campaigners

The Guardian - UK

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Rightwing thinktanks run this government. But first, they had to capture the BBC

Why are representatives of these shadily funded groups treated as impartial observers on news programmes? asks Guardian columnist George Monbiot

The Guardian - UK

Sunakites to culture warriors: Tory tribes go to war in Birmingham

Conference fractures into intersecting groups whose members are united on issues from low tax to ‘woke’ students

The Guardian - UK

Kwarteng IEA fringe event hints at how deeply thinktank is embedded in No 10

Key figures at rightwing thinktank have close links to Liz Truss and several alumni are now on her staff

The Guardian - UK

Tuesday briefing: The Truss thinkers that tanked the Tories

In today’s newsletter: Free market thinktanks are rejoicing at Kwasi Kwarteng’s neo-Thatcherism. But how do they operate – and what might their influence mean for Britain?

The Guardian - UK

Europe faces ‘unprecedented risk’ of gas shortages this winter, energy agency says

The International Energy Agency has warned that Europe will risk gas shortages in the case of a complete Russian cut-off

Wales Online

Europe faces 'unprecedented risk' of gas shortage - IEA report

Europe faces “unprecedented risks” to its natural gas supplies this winter after Russia cut off most pipeline shipments and could wind up competing with Asia for already scarce and expensive liquid gas that comes by ship, the International Energy Agency said.

Radio France Internationale

Global gas markets to remain tight well into 2023, IEA says

Intergovernmental organisation estimates global consumption will drop 0.8 percent in 2022 and grow 0.4 percent in 2023.

Al Jazeera

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The Independent UK

Europe faces 'unprecedented risk' of gas shortage, IEA says

Europe is facing unprecedented risks to its energy supply this winter

The Guardian - UK

Dispelling the myths about hydrogen and heating

Letter: Jan Rosenow on his research that found the gas to be unsuitable for heating homes

The Guardian - UK

‘Make sure failure is survivable’: PM’s book reveals pointer to Trussonomics

Britannia Unchained, co-written with Kwasi Kwarteng, highlights the influence of free market thinktank IEA on government

The Guardian - UK

Truss-favoured thinktank attacks ‘massive transfer of wealth’ to landowners

UK government criticised for reviewing plan to pay farmers for environmental protection

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InsideEVs

IEA: As EV Sales Flourish, Other Areas Need To Improve In Fight Against Climate Change

Although electric car sales continue to boom, other areas need improvement in the fight against climate change.

The Guardian - UK

Has Liz Truss handed power over to the extreme neoliberal thinktanks?

The prime minister is in hock to rightwing lobbyists who are themselves indebted to oligarchs and corporations, says Guardian columnist George Monbiot

The Conversation

Direct air capture: how advanced is technology to suck up carbon dioxide – and could it slow climate change?

Humanity must remove up to 660 billion tonnes of carbon dioxide (CO₂) from the atmosphere by the end of the century to limit global warming to 1.5°C. That’s according to the most recent report by the Intergovernmental Panel on Climate Change (IPCC), which based its estimate on atmospheric CO₂ concentrations…

The Independent UK

Report: Clean energy jobs grow, but wages lag fossil sector

A new report has found that clean energy now provides more employment than the fossil fuel industry, reflecting the shift that efforts to tackle climate change are having on the global jobs market

Reason

John Fetterman Proposes Prosecuting Oil Executives for High Gas Prices

Ignoring the principles of supply and demand, Fetterman thinks high gas prices should be a matter for law enforcement.

The Guardian - UK

Russian oil production falls less than 3% as sanctions have ‘limited’ effect

In July production was only 310,000 barrels a day below prewar levels, IEA finds

Al Jazeera

Russia gas cuts stoke Asia’s energy security fears

Analysts say disruptions to Nord Stream 1 pipeline could accelerate move away from liquified natural gas in the region.

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