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The Latest Breaking News from International Energy Agency

India's demand for electricity for ACs to exceed total power consumption of Africa: IEA

“India’s demand for electricity for running household air-conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today,” the International Energy Agency (IEA) said on October 24.

The Hindu · Oct 24, 2023

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 · Oct 24, 2023

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.

WEKU · Oct 24, 2023

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Robert Priddle obituary

Other lives: Senior civil servant who finished his career as managing director of the International Energy Agency

The Guardian - UK · Oct 16, 2023

Climate summit in Madrid seeks to revive 1.5C warming target

Spain and the International Energy Agency were on Monday hosting an international climate and energy summit in Madrid aimed at forming a grand coalition to keep the 1.5C warming target within reach.

Radio France Internationale · Oct 2, 2023

Diversifying supply of critical minerals a 'major challenge' in going green, IEA says

Hosting a summit on critical minerals in Paris on Thursday, the International Energy Agency said the "major challenge" countries faced was ensuring more diverse supplies and the recycling of metals. Elements like lithium, nickel and cobalt are key for governments hoping to make the green switch as they are needed…

France 24 · Sep 28, 2023

The green energy surge still isn't enough for 1.5 degrees. We'll have to overshoot, adapt and soak up carbon dioxide

It was a rare bit of good news on climate. The International Energy Agency this week released its latest net zero roadmap, showing it was still just possible to hold global heating to 1.5℃.

The Conversation · Sep 28, 2023

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EVs have a tire-shredding problem

The tiny fragments that tires release into the environment are yet another reason to reduce car use

Salon · Sep 27, 2023

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.

Radio France Internationale · Sep 26, 2023

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 Independent UK · Sep 26, 2023

Tight Global Supplies Boost Crude Prices

November WTI crude oil (CLX23 ) on Friday closed up +0.40 (+0.45%), and Nov RBOB gasoline (RBX23 ) closed down -5.62 (-2.19%). Nov WTI crude oil and gasoline prices on Friday settled mixed, with gasoline falling to a 2-week low. A rally in the dollar index today to a 6-1/2...

Barchart · Sep 22, 2023

Crude Prices Gain on Dollar Weakness and Strong Chinese Economic News

October WTI crude oil (CLV23 ) this morning is up +0.36 (+0.40%), and Oct RBOB gasoline (RBV23 ) is down -2.81 (-1.02%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 10-month high. Dollar weakness today is supportive of energy prices. Also, stronger-than-expected economic reports...

Barchart · Sep 15, 2023

Africa Climate Summit seeks changes to global financial architecture

According to the International Energy Agency, global investment will need to surge to $2 trillion a year within a decade to reach the Paris climate agreement goals. One of the hurdles to financing the green transition in Africa is ballooning debt. A new paper by the Debt Relief for a…

France 24 · Sep 6, 2023

Tory policies left UK exposed to energy shocks – Labour

The International Energy Agency data shows that in 2021 the UK had the highest average domestic electricity price among several countries.

The Independent UK · Aug 11, 2023

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Barchart · Aug 11, 2023

Crude Settles Higher as the IEA Sees Record Global Crude Consumption

September WTI crude oil (CLU23 ) on Friday closed up +0.37 (+0.45%), and Sep RBOB gasoline (RBU23 ) closed up +6.02 (+2.07%). Crude oil and gasoline prices Friday posted moderate gains. Crude prices rose Friday after a monthly report from the International Energy Agency (IEA) said global oil demand has...

Barchart · Aug 11, 2023

Crude Pushes Higher as the IEA Sees Record Global Crude Consumption

September WTI crude oil (CLU23 ) this morning is up +0.65 (+0.78%), and Sep RBOB gasoline (RBU23 ) is up +4.87 (+1.68%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing after today's monthly report from the International Energy Agency (IEA) said global oil demand...

The Guardian - UK · Aug 1, 2023

Billionaire investor threatens to pull out of UK amid global outcry at new oil rush

Australian mining entrepreneur Andrew Forrest criticises ‘clickbait’ fossil fuel plans as others say Britain has lost credibility

The Independent UK · Jul 19, 2023

India sets sights on home-mined minerals to boost its clean energy plans

Indian officials, including at Wednesday’s Group of Twenty ministerial talks on clean energy, want the country to expand its critical mineral mining operations and make its own clean energy infrastructure from start to finish

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The Guardian - AU · Jun 29, 2023

Australian sea dumping law changes condemned amid warnings of gas industry expansion

Greens and environmentalists say legislation introduced to parliament by Tanya Plibersek could facilitate new fossil fuel projects

The Guardian - AU · Jun 22, 2023

Woodside has huge plans to drill for oil and gas – and to meet its climate targets. How does it do it?

Fossil fuel company ‘aims to thrive through the energy transition by building a low-cost, lower-carbon, profitable, resilient and diversified portfolio’

Radio France Internationale · Jun 21, 2023

Developing countries need €2 trillion for clean energies to meet climate goals- IEA

The International Energy Agency (IEA) has said that financing for clean energy in developing and emerging economies – excluding China – must increase seven-fold within a decade if global warming is to be capped at tolerable levels

The Conversation · Jun 21, 2023

Why Labour is right to stop future UK oil and gas development

The Labour Party has announced that it intends to stop the development of any new oil and gas fields in UK territory if it forms the next government.

The Week · Jun 16, 2023

Has the world finally reached ‘peak oil’?

The International Energy Agency (IEA) says global oil demand will slow “markedly” in the coming years and a peak is “on the horizon”.

The Guardian - UK · Jun 14, 2023

Peak in global oil demand ‘in sight before end of decade’

International Energy Agency says demand will grow by 2.4m barrels a day in 2023 to record 102.3m

The Conversation · Jun 13, 2023

LPG is a fossil fuel. Experts explain why it's still Africa's best option for cleaner, greener cooking (for now)

Africa’s growing population desperately needs clean, modern energy in the home. Currently, more than 900 million people, 85% of the region’s population, still rely on solid biomass fuel (like wood and charcoal) and kerosene for cooking. These energy sources are highly polluting, inefficient and unsafe.

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