As supplies of Russian gas dwindle, the EU signals a shift to coal accusing Russia of 'rogue moves'.
Members of the IEA agreed to tap their emergency oil reserves to calm crude prices that have soared following Russia's attacks on Ukraine,
UN chief Antonio Guterres warned of the threat of fossil fuel addiction as emissions are still set to rise 14 percent before the end of the decade.
The economic recovery from the Covid pandemic, combined with unusual weather conditions, caused electricity demand to jump by record 1,500 terawatt-hours in 2021.
With soaring energy prices, Russian gas exports to Europe have been in focus amid a standoff between Russia and the West over border tensions with Ukraine.
The IEA said that renewables such as wind and solar energy continued to grow rapidly but the global transition to clean energy is still far too slow to meet climate pledges.
As bitcoin miners seek solutions to go green, aging nuclear plants offer what they’re looking for: cheap, carbon-free power. But how about radioactive waste?
An installation named ‘Orca’ is able to filter 4,000 metric tons of carbon dioxide per year. But some environmentalists doubt carbon capture is a climate solution.
If all pandemic recovery spending plans materialise, global carbon emissions would hit record levels in two years and then continue to rise in the following years, International Energy Agency says.
International Energy Agency estimates CO2 emissions will increase by almost five percent this year, or 1.5 billion, to 33 billion tonnes, largely driven by a resurgence in Asian coal use.
Coronavirus rescue packages must back clean energy, says the International Energy Agency, which adds that battery and hydrogen technology could advance rapidly. The IEA also cites spectacular growth of wind and solar energy.
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