As the head of the International Energy Agency, Fatih Birol oversees research on trends that define energy markets. When Birol speaks, energy companies and policymakers around the world listen, informing decisions that determine how humans power homes, factories and cars.
BOGOTA (Reuters) - The coal industry was not quick enough to explain the potential of clean technologies that can give the fossil fuel a place in a sustainable energy matrix, Michelle Manook, chief executive of the World Coal Association (WCA), told Reuters on Wednesday. Coal is considered a heavy polluter...
To keep the planet from warming to more dangerous levels, humanity will not only need to avoid new carbon emissions whenever possible, but also to remove carbon dioxide from the atmosphere. One way to do this is direct air capture (DAC) tech, which pulls CO2—you guessed it—directly out of the...
GECF and OPEC want to present "a balanced energy-transition roadmap." The Gas Exporting Countries Forum (GECF) and the Organisation of the Petroleum Exporting Countries (OPEC) issued a joint statement on October 27 stressing the important role oil and gas had to play in the energy transition. There has been a...
The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries. That is according to the International Energy Agency’s World Energy Outlook 2020. The 464-page outlook, published today by the IEA, also outlines the “extraordinarily turbulent” impact of coronavirus and the “highly uncertain” future of global energy use over the next two decades.
Clean energy remains just a tiny part of the pandemic economic recovery plans despite some improvement, the IEA said on Thursday as it warned carbon dioxide emissions were set to rebound. Investments in clean energy — whether it is renewable production, electric vehicles or efficiency measures — represent only three...
Senior Vice President of Strategic Accounts at Redaptive Inc., leading business development for client energy efficiency solutions. As investor expectations for company ESG goals rise, so does the number of Fortune 500 companies with formal climate-based targets. As a result, many companies are starting by instinctively signing renewable energy and carbon offset contracts.
Infrastructure and Energy Alternatives (IEA), an infrastructure construction company with renewable energy and civil expertise, has been awarded a $49 million contract for the Deerfield II Wind Farm in Michigan. The award is for the construction of the approximately 110-MW utility-scale wind farm in Huron County, Michigan. Algonquin Power &...
Improving the energy efficiency of everyday appliances and equipment will be critical on the path to net zero emissions by 2050. Just four appliances — air conditioners, industrial motor systems, lighting, and refrigerators — are responsible for 40% of global electricity consumption. Recognizing this opportunity, the Super-Efficient Equipment & Appliance...
Finnish technology company Wärtsilä has joined forces with Norwegian shipping firm Simon Møkster Shipping to explore the use of ammonia in liquefied natural gas (LNG)-fuelled ship engines. As informed, the partners will conduct a feasibility study on the use of ammonia as the primary fuel in dual-fuel engines running on...
Extinction Rebellion protesters break into UK's biggest oil refinery and lock themselves to 50ft silos
Extinction Rebellion protesters have broken into the UK’s largest oil refinery and scaled two 50ft silos where they have locked themselves to the structures. Early on Thursday morning, 15 activists cut the site's electric perimeter fences and chained themselves to various structures at the ExxonMobil base in Hampshire. Some have...
Saudi Arabian Mining Company (Maaden), the state miner of the world’s top oil exporter, plans “huge” investments in exploring for lithium and nickel in Saudi Arabia over the next two decades, Maaden’s top executive told Bloomberg Television on Wednesday. “In the next 10 to 20 years we are going to...
In a rare instance of making the colossal methane leaks of the Permian Basin look good, Bloomberg reported this week on the sensational Gates of Hell crater in Turkmenistan. A drilling bit punctured the Central Asian topography in the 1970s and the accident never went away. In a land claiming 13 trillion cubic meters of natural gas reserves — 98% methane — the earth caved in, forming a hole 200 feet in diameter. Then somebody lit it on fire. For the past 40 years, it’s been an inefficient blaze, burping raw gas in between sprites of fire. Satellite monitors claim it’s venting more methane than the Permian Basin. Methane control, according to many specialists, is low-hanging fruit for the fight against climate change, but the dictator of Turkmenistan, according to Bloomberg, has shown no interest in capping methane leaks. Nor has Texas Governor Gregory Abbott.
The global economic recovery from the corona crisis is unsustainable due to the large increase in greenhouse gas emissions. If the world continues on its current path, global warming will not be limited. According to the International Energy Agency (IEA), a shift towards green and renewable energy must therefore be made more quickly. That says the organization, which states that the increase in CO2 emissions this year will be the second largest ever.
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New Delhi, Oct 28 (SocialNews.XYZ) Spending on clean energy amounts to 3 per cent of the $16.9 trillion that governments have so far mobilised to bolster their economies from the recession triggered by the Covid-19 pandemic, the latest update from the International Energy Agency said on Thursday.