Electrical grids aren't keeping up with the green energy push. That could risk climate goals
Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines aren't added or refurbished in the next few years.
IEA: Shift to clean energy accelerating, but coal investments too high to meet climate goals
The International Energy Agency says energy security concerns and policy support from rich countries are speeding up reliance on clean energy, but investments in coal power are on course to be nearly six-times beyond what is needed for the world to meet targets for achieving โnet zeroโ carbon emissions.
Report: Global crises can speed up move to clean energy
The global energy crisis triggered by Russiaโs invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system, according to the latest report by the Paris-based International Energy Agency.
Nations agree to release 60M barrels of oil amid Russian war
The International Energy Agencyโs 31 member countries have agreed to release 60 million barrels of oil from their strategic reserves โto send a strong message to oil marketsโ that supplies wonโt fall short after the Russian invasion of Ukraine.
Report: World demand for gasoline may never recover
The world's once-insatiable demand for gasoline is unlikely to recover to pre-pandemic levels, according to a report Wednesday, March 17, 2021 from the International Energy Agency. (AP Photo/Charles Krupa, File)NEW YORK โ The worldโs once-insatiable demand for gasoline is unlikely to recover to pre-pandemic levels, according to a report Wednesday from the International Energy Agency. Oil demand, meanwhile, is expected to continue rising as developing countries with growing populations use more of the fuel. But it is not expected to return to pre-pandemic levels until 2023, according to the Paris-based intergovernmental agency. Gasoline demand is unlikely to fully return because increased demand in the developing world will be offset by consumers shifting to electric vehicles, manufacturers improving fuel efficiency and businesses increasing telework while decreasing travel, the report said.
Energy-related emissions up in December despite pandemic
Global energy-related carbon dioxide emissions rose slightly in December compared to the same month of 2019, indicating the sharp drop seen due to the pandemic was short-lived. Figures released Tuesday by the International Energy Agency show emissions from the production and use of oil, gas and coal were 2% higher in December 2020 than a year earlier. (AP Photo/Michel Euler, File)PARIS โ Global energy-related carbon dioxide emissions rose slightly in December compared with the same month of 2019, indicating the sharp drop seen due to the pandemic was short-lived. Figures released Tuesday by the International Energy Agency show emissions from the production and use of oil, gas and coal were 2% higher in December 2020 than a year earlier. โThe rebound in global carbon emissions toward the end of last year is a stark warning that not enough is being done to accelerate clean energy transitions worldwide," said the agency's executive director, Fatih Birol.
Watchdog: Fossil fuel firms need to curb climate gas leaks
FILE - In this undated file photo the Trans-Alaska pipeline and pump station north of Fairbanks, Alaska is shown. The International Energy Agency says oil and gas companies aren't doing enough to reduce the release of methane, a potent source of planet-heating emissions, that is seeping out of pipelines and production plants. (AP Photo/Al Grillo, file)BERLIN โ The International Energy Agency says oil and gas companies aren't doing enough to reduce the release of methane, a potent source of planet-heating emissions, that is seeping out of pipelines and production plants. Satellite imaging has become an increasingly important tool in pinpointing the source of manmade methane emissions in recent years. ___Read all AP stories about climate change issues at https://apnews.com/hub/Climate