The world has hit “new twin peaks for demand and supply” of oil at 100 million barrels a day, the International Energy Agency (IEA) announced Friday in its monthly oil market report. Neither demand nor supply shows signs of ceasing to grow any time soon, the Paris-based organization said. The oil market report is a […]
Renewable energy has reached an important milestone. The World Economic Forum (WEF) has determined that in many parts of the world, solar energy is now the same price or even cheaper than fossil fuels for the first time. In a handbook released this month, the WEF observed how the price of renewable technologies, particularly solar, […]
By Andy Rowell Something significant happened on Friday that warrants more than just a few column inches in a newspaper. With the most divisive presidential election in U.S. history just days away from concluding, it is easy to understand why more is not being made of the news, but just to tell you something seismic […]
There was a record amount of new renewable energy installations globally in 2015, with 500,000 solar panels installed every day. According to the International Energy Agency (IEA), total clean power capacity increased by 153 gigawatts, overtaking coal for the first time. “We are witnessing a transformation of global power markets led by renewables and, as […]
By Simon Evans For the first time ever, investment in new renewables was more than enough to cover rising global electricity demand in 2015, according to the first World Energy Investment report published by the International Energy Agency (IEA). While fossil fuels still dominate energy supplies, the IEA says changing investment flows point towards a […]
Exposure to poor air quality inside and outside is the world’s fourth-leading threat to human health. A first-of-its-kind International Energy Agency (IEA) study released Monday reported 6.5 million deaths globally are attributed to poor air quality. The only items more of a threat to human health than poor air quality are high blood pressure, dietary […]
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