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The Latest Breaking News from International Energy Agency

Electric and hybrid car sales to rise to new global record in 2024

International Energy Agency says 17m vehicles will be sold this year, up more than 20% compared with 2023

The Guardian - UK · Apr 23, 2024

Republican Leaders Launch Probe Into International Energy Agency

Republican leaders in Congress investigate the International Energy Agency for straying from energy security mission and favoring decarbonization policies.

Methane Emissions From Energy Sector Rose In 2023: IEA

Planet-heating methane released by the fossil fuel industry rose to near record highs in 2023 despite technology available to curb this pollution at virtually no cost, the International Energy Agency said Wednesday.

International Business Times · Mar 13, 2024

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Many of the U.S. Banks Funding Coal Have an Unusual Carve-Out

They will still directly fund coal plants that are taking steps to abate their emissions using the untested technology.

Capital & Main · Mar 11, 2024

Energy-related CO2 emissions hit record levels in 2023, says IEA

Radio France Internationale · Mar 1, 2024

‘Energy turmoil’ looms unless demand is checked, says Cop28 president

Sultan Al Jaber, an oil executive, calls for governments to be ‘honest’ about costs involved in transition to net zero

The Guardian - UK · Feb 20, 2024

IEA Anniversary Meeting Reflects on Going Green at 50

The International Energy Agency (IEA) anniversary meeting discussed the organization's climate pivot and challenges of going green. Debate on IEA's efforts...

IEA Warns On Plummeting Oil Stocks

The International Energy Agency warned Thursday of plummeting oil stocks even as global growth in demand loses momentum.

International Business Times · Feb 15, 2024

3 Energy Marvels Stocks Bursting With Potential

With geopolitical tensions heating up, supply-demand imbalances, and rising forecasts for natural gas consumption, the energy industry is set for a surge. Considering this, it could be wise to invest in sturdy energy stocks, such as Kinder Morgan (KMI), Unit Corporation (UNTC), and Graham Corporation (GHM), for potential growth. Read…

StockNews.com · Feb 6, 2024

King Coal Set To Lose Crown For Electricity Production: IEA

Renewables are set to displace coal as the top source of energy for electricity production globally in 2025, the International Energy Agency said Wednesday.

International Business Times · Jan 24, 2024

Trade Barriers Can Slow Energy Transition: IEA Chief

Trade barriers can slow the world's energy transition but commerce also needs to be fair, International Energy Agency chief Fatih Birol said Wednesday, as world powers tussle over the technologies key to fighting climate change.

International Business Times · Jan 17, 2024

JSW ropes in Finnish firm Coolbrook to reduce CO2 emission at cement factory in Karnataka

JSW Group has ambitious sustainability targets of reducing its specific CO2 emissions, aligning with the Sustainable Development Scenario of the International Energy Agency and India’s Nationally Determined Contributions.

The Hindu · Jan 12, 2024

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 · Jan 11, 2024

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.

Climate scientists hail 2023 as ‘beginning of the end’ for fossil fuel era

Cautious optimism among experts that emissions from energy use may have peaked as net zero mission intensifies

The Independent UK · Dec 27, 2023

The year in clean energy: Wind, solar and batteries grow despite economic challenges

Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects

International Business Times · Dec 15, 2023

'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.

Oil Soars as Dollar Weakens, IEA Boosts Demand Forecast

Oil prices glisten and ascend in response to a softer dollar combined with the IEA's performance-enhancing tweak to global demand estimates.

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WEKU · Dec 12, 2023

Making oil is more profitable than saving the planet. These numbers tell the story

Major oil companies are under pressure to invest more money in clean energy — but there's a big hurdle: It's still a hell of a lot more profitable to produce fossil fuels.

The Guardian - UK · Dec 9, 2023

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

France 24 · Nov 30, 2023

Will COP28 mark the end of the fossil fuel era?

As the UN's annual climate summit gets underway in Dubai, United Arab Emirates, one underlying question is set to top the agenda: can the world finally agree to ditch fossil fuels? Down to Earth takes a closer look.

The Independent UK · Nov 25, 2023

Buyers worldwide go for bigger cars, erasing gains from cleaner tech. EVs would help

The energy used by cars and their CO2 emissions could have dropped by over 30% in the past decade if not for the world’s growing taste for SUVs, a new report from the Global Fuel Economy Initiative suggests

France 24 · Nov 24, 2023

IEA says 'moment of truth' for oil industry ahead of COP28 climate conference

The International Energy Agency has released a report saying that this is a "moment of truth" for the oil and gas industry, which needs to decide on what role it wants to play in the current climate emergency. Also, the German government is facing a budget crisis after the constitutional…

Roll Call · Nov 1, 2023

Coal, the Proven Path Out of Energy Poverty - Roll Call

What No One Seems to Know About Coal As advanced nations pursue the glittering dream of transitioning to alternative forms of energy–issuing calls and challenges for the rest of the world to join the parade–the one constant that got us here in the first place has been unfairly slandered and…

Radio France Internationale · Oct 24, 2023

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".

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