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The Latest Breaking News from International Energy Agency

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

Radio France Internationale

Data | Clean energy funds rise, but mostly in China, Europe, U.S.

The latest report by the International Energy Agency, ‘World Energy Investment 2023,’ shows that investment in clean energy has increased in recent years, with the transition mainly fuelled by Electric Vehicles (EVs) and renewable power.

The Hindu

World investing more in solar than oil as investment in renewables soars

Global investment in solar power is expected to overtake investment in oil for the first time ever this year, as spending on renewables continues to increase more than spending on fossil fuels, according to the International Energy Agency. And yet, fossil fuel investment is still too high to reach any…

Radio France Internationale

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International Energy Agency Predicts 14 Million EV Sales In 2023

Sales of Teslas and other EVs are increasing rapidly across the globe, last year representing over 10 million units sold globally. A jump is expected this year.

InsideEVs

How to bring back passenger trains

If we followed the International Energy Agency’s global study, we would need only invest about $700m a year – not a large sum relative to the total transport system, says Robert McLachlan

Newsroom.co.nz

Oil Steady as Market Awaits China GDP Data

Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world's second-largest oil consumer. Brent crude futures nudged 7 cents lower to $86.24 a barrel by 0746 GMT, while US West Texas Intermediate crude was at $82.47 a barrel, down 6…

Asharq Al-Awsat

Carbon emissions hit record high in 2022 despite jump in renewables

Carbon emissions from energy production around the world hit a new record high last year, but they rose less than expected because of renewables, according to the International Energy Agency.

Radio France Internationale

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US, Qatar, Egypt Supply Europe’s LNG Demand

European imports of liquefied natural gas (LNG) rose by 63 % in 2022, to compensate for the interruption of supplies through Russian gas pipelines. LNG imported by Europe increased by 66 bcm, according to a recent report by the International Energy Agency (IEA). While the US supplied approximately two-thirds (43…

Asharq Al-Awsat

The Dishonest Accounting of Net-Zero Emissions

Companies pledge to cut emissions caused by their production, while opposing measures to reduce emissions from the use of their products.

Capital & Main

Russian oil and gas revenue falls nearly 40%

STOCKHOLM: Russia’s revenues from oil and gas exports dropped by nearly 40% in January as price caps and Western sanctions squeezed the proceeds from Moscow’s most lucrative export, the International Energy Agency (IEA) said on Tuesday.

Bangkok Post

Energy agency: SUV growth weighs on emissions, batteries

The International Energy Agency says ever bigger cars pose a growing problem for the environment because they produce more greenhouse gas emissions and need larger batteries than their smaller cousins

The Independent UK

‘Energy battle’ between Europe and Russia not over, says global watchdog

International Energy Agency says efforts to replace Russian gas successful but warns against overconfidence

The Guardian - UK

3% of oil profits could clean up methane

"There is just no excuse" for the rise in methane emissions last year, IEA director says

Salon

Energy agency chief: "No excuse" for high methane emissions

The International Energy Agency on Tuesday accused fossil fuel industries of doing too little to curb methane emissions and undermining global climate goals to limit warming

The Independent UK

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The Conversation

The rise of renewables is not without risk for investors

Given the urgent need to combat climate change and put an end to the exploitation of fossil fuels, it would appear renewable energies have a bright future. Having grown steadily for several years, they accounted for 19.1% of gross final energy consumption in France in 2020. Across the Channel, 43%…

The Guardian - AU

Greens will back safeguard mechanism revamp if Labor bans new coal and gas projects

Adam Bandt says time has come for Labor to ‘decide how much it wants’ fossil fuel ventures

Asharq Al-Awsat

IEA: Asia Set to Use Half of World's Electricity by 2025

Asia will for the first time use half of the world’s electricity by 2025, even as Africa continues to consume far less than its share of the global population, according to a new forecast released Wednesday by the International Energy Agency. Much of Asia's electricity use will be in China,…

The Independent UK

IEA: Asia set to use half of world's electricity by 2025

The International Energy Agency says Asia will for the first time use half of the world’s electricity by 2025

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Reuters

Davos 2023: Greta Thunberg to meet IEA chief Birol

Greta Thunberg is set to meet International Energy Agency (IEA) executive director Fatih Birol in Davos on Thursday, organisers of a fringe round-table event at the World Economic Forum's (WEF) annual meeting told Reuters.

Reuters

Davos 2023: EU to counter U.S. climate game changer with own green deal

The European Union responded on Tuesday to U.S. moves to boost its energy transition with its own plans to make life easier for green industry, saying it would mobilize state aid and a sovereignty fund to keep firms from moving to the United States.

The Conversation

Global coal use in 2022 is reaching an all-time high, but Australia is bucking the trend

In a year marked by record-smashing floods, fires, heatwaves and droughts, the urgent need to act on climate change has never been more apparent. And yet, the International Energy Agency (IEA) has found coal burning for electricity generation will reach record levels this year.

Fortune

Putin’s energy crisis in Europe has pushed global coal use to a historic high—but here’s why it won’t stay that way for long

Global coal use will rise 1.2% this year to just over eight billion tons, according to the International Energy Agency.

The Independent UK

Report: World's coal use creeps to new high in 2022

The International Energy Agency says coal use across the world is set to reach a new record this year amid persistently high demand for the heavily polluting fossil fuel

The Independent UK

Europe shifts focus to avoiding energy shortage next year

The heads of the International Energy Agency and European Union’s executive branch say the 27-nation bloc is expected to weather an energy crisis this winter

Axios

Renewable energy predicted to surpass coal by 2025, IEA says

An International Energy Agency forecast demonstrates the effects of the Ukraine conflict, among other shifting dynamics.

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