Birol said he was optimistic the new U.S. administration would join other major economies in committing to a net zero emissions target by mid-century. President Biden has temporarily suspended the issuing of permits for oil and gas drilling in federal acreage, reversing the direction taken by his predecessor Donald Trump who had sought to maximise […]
China’s CO2 emissions will be higher in 2020 than in 2019, says IEA’s Birol
“As of today, Chinese emissions this year, 2020, will be higher than in 2019, they rebounded,” Fatih Birol told a digital energy conference OSLO: China’s greenhouse gas emissions will increase in 2020 compared to 2019 as they have rebounded after the COVID-19 outbreak, the head of the International Energy Agency said on Wednesday. “As of […]
Record new renewable energy capacity this year and next – IEA
In its annual renewables outlook, the IEA said new additions of renewables capacity worldwide would increase by 4% from last year to a record 198 gigawatts (GW) this year. LONDON: Record levels of new renewable energy capacity are set to come on stream this year and next, while fossil fuel capacity will fall due to […]
Won’t take long for clean energy investments to rebound: Fatih Birol, IEA
Replying to questions by ETEnergyWorld at the launch of IEA’s latest report, Birol said government policies will be critical for investments to come back on track New Delhi: It will not take too long for the world to come out of the historic 20 per cent fall in global clean energy investments, according to Fatih […]
Global renewable power capacity to rise by 50% in five years-IEA
Global renewable energy capacity is set to rise by 50% in five years’ time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Energy Agency (IEA). Total renewable-based power capacity will rise by 1.2 terawatts (TW) by 2024 from 2.5 TW last year, equivalent to the total installed current […]
World nations failing the poorest on energy goals: study
More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not enough to meet global development goals, according to a report released Wednesday. Furthermore, efforts to cut pollution from cooking food and promote renewable power for heat and transportation are likewise […]
