According to Electricity 2024, a new report from the International Energy Agency (IEA), electricity demand worldwide is expected to accelerate during the next three years, a press release from the IEA said. However, the additional demand is forecast to be covered by clean energy technologies. Nuclear power is on course to reach a record high […]
In 2023, 55 percent of Germany’s power came from renewables — an increase of 6.6 percent, according to energy regulator Bundesnetzagentur, reported Reuters. Europe’s biggest national economy has a goal of 80 percent green energy by 2030. The country plans to get rid of most of its coal, has already ceased relying on nuclear power […]
Five of the top Big Oil companies in the world were expected to pay shareholders over $100 billion for 2023. The estimated 2023 payouts from BP, Shell, Chevron, ExxonMobil and TotalEnergies were on track to surpass the dividend payments and share buybacks from 2022, which reached $104 billion, according to the Institute for Energy Economics […]
Demand for coal is predicted to decline beginning in 2026, according to the most recent coal market report — Coal 2023 Analysis and forecast to 2026 — from the International Energy Agency (IEA). It is the first time the report has projected a drop, a press release from the IEA said. “Today, coal remains the […]
On Wednesday, delegates from nearly 200 nations at the COP28 climate conference in Dubai released the final draft of a global agreement that solidifies the transition away from fossil fuels in order to avoid the most damaging effects of climate change. European Commission President Ursula von der Leyen said the deal marked an important point […]
As the United Nations COP28 climate talks entered the final stretch, the most recent draft of a climate deal left out the crucial “phase out” language regarding fossil fuels, the main demand expressed by many developing countries, particularly those vulnerable to climate change, as well as the European Union. The draft deal is the precursor […]
Scorching heat waves, drought and ocean surface temperatures as warm as a hot tub were all symptoms of global heating in 2023, which the European Union’s Copernicus Climate Change Service (C3S) said would be the warmest year on record. For the January to November period of this year, the average global temperature was 1.46 degrees […]
At the COP28 climate conference on Saturday, nearly 120 nations pledged to triple the output of renewable energy on the planet by 2030. In Dubai, European Commission President Ursula von der Leyen, along with 118 countries and COP28 President Sultan al-Jaber, launched the Global Pledge on Renewables and Energy Efficiency at the World Climate Action […]
On the first day of the United Nations Climate Change Conference of the Parties, commonly known as COP28, delegates have agreed to formally establish a loss and damage fund to support especially vulnerable countries dealing with the effects of climate change. Developing nations that have contributed the least to the climate crisis have been facing […]
568k 
233k 
41k 
Subscribe 
