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The Latest Breaking News from IEA

Australian fossil fuel megaprojects at risk from record high global gas prices

Experts warn of ‘permanent demand destruction’ for gas but say conditions are ideal for a structural shift to renewable energy

The Guardian - AU

LNG, Natural Gas Stocks Mixed As Gas Prices Tumble

Natural gas stocks fell Tuesday, despite a tight global market, amid expectations that demand will contract in coming months.

Investors Business Daily

'Greenwashing': a new climate misinformation battleground

Paris (AFP) - Fossil fuel firms are misleading the public about their moves to cut greenhouse gases and curb climate change -- and social media are hosting ads that perpetuate this "greenwashing", researchers say.

AFP

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Despite 8% Increase in Energy Investments, Rising Oil Prices Difficult To Tackle: IEA Report

According to the International Energy Agency report, the global energy investment is expected to swell to $2.4 trillion, up 8%, with the anticipat

Benzinga

Africa needs $25 bn a year for full electricity access: IEA

Paris (AFP) - The number of Africans with access to electricity fell during the Covid pandemic, but $25 billion in annual investments could bring full coverage by 2030, the International Energy Agency said Monday.

AFP

IEA: Global Oil Demand Set to Rise 2% to New High in 2023

World oil demand will rise more than 2% to a record high of 101.6 million barrels per day (bpd) in 2023, the International Energy Agency said on Wednesday, although sky-high oil prices and weakening economic forecasts dimmed the future outlook. The Paris-based IEA also said in its monthly report supply…

Asharq Al-Awsat

IEA Bags $126M Follow-On Contract From Illinois Department Of Transportation

Infrastructure & Energy Alternatives Inc (NASDAQ:IEA) has secured a $126 million follow-on contract from the Illinois Department of Transportation (IDOT). IEA received the initial $126 million contract in July 2021, with work under the contract's first phase on track to be completed in November 2023. White Construction and William Charles Construction, wholly-owned IEA…

Benzinga

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BBC 'repeatedly failed' to declare guest's right-wing affiliations, ruling finds

THE BBC “fell below standards” by repeatedly failing to identify a right-wing commentator as having political bias, a ruling has found.

The National (Scotland)

Government failure to boost energy efficiency ‘inexplicable’, says IEA

Saving energy is ‘utterly essential’ to cut bills, end reliance on Russian oil and gas and slash emissions says agency

The Guardian - UK

Australia's total coal mine methane emissions double official estimates, Ember report finds

Researchers find "massive under-reporting" of methane emissions from Australian coal mines — but new technology could make a huge difference. So why isn't it being used?

ABC News

Greenhouse emissions from Australia’s coalmines could be twice as high as official figures say

Ember thinktank report based on IEA estimate suggests coal contributes more to climate crisis than all the cars on Australian roads

The Guardian - AU

The ultra-polluting Scarborough-Pluto gas project could blow through Labor’s climate target – and it just got the green light

The Albanese government has this week thrown its support behind what’ll be one of Australia’s most polluting developments: the Scarborough-Pluto gas project in Western Australia.

The Conversation

Davos 2022: 'Europe wrongly relied on Russian gas for years,' IEA chief says

As the World Economic Forum in Davos draws to a close, Business Editor Kate Moody gives us an update on the final day's agenda. The war in Ukraine and global food and energy security dominated discussions throughout the event. The head of the International Energy Agency (IEA), Fatih Birol, has…

France 24

Exclusive: China’s Climate Envoy Meets With IEA Chief in Davos

Xie Zhenhua describes China’s renewable energy push in response to global climate change during session with Fatih Birol

Caixin Global

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Axios

U.S. playing catch-up on EVs

The U.S. is behind China and Europe, per a new report.

Reuters

IEA warns against energy crisis deepening fossil fuel reliance

The energy security crisis since Russia's invasion of Ukraine must not lead to a deeper dependence on fossil fuels, International Energy (IEA) chief Fatih Birol said on Monday.

The National (Scotland)

Alyn Smith calls out Question Time panellist for right-wing organisation's murky funding

SNP MP Alyn Smith called out a right-wing think tank’s “non-transparent” funding on Question Time after a representative of the group…

AFP

Most automakers fall short on climate goals: report

Paris (AFP) - Only two of the world's 12 top automakers plan to make enough electric vehicles by 2030 to stay in step with Paris Agreement climate goals, experts said Wednesday.

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The Guardian - AU

Industry call for Australia to ‘unlock wealth’ of new oil and gas fields at odds with IEA warning

Increasing supply is ‘absolutely part of the solution’ to decarbonising the economy, Appea chair tells conference

The Independent UK

Why energy bills are increasing

Squeeze on wholesale gas prices around the world drives up household bills

The Guardian - UK

‘Cash, coal, cars and trees’: what progress has been made since Cop26?

Six months on, the war in Ukraine and ongoing Covid-19 pandemic have derailed some changes agreed on in Glasgow

The Guardian - UK

Climate chaos certain if oil and gas mega-projects go ahead, warns IEA chief

Fatih Birol says ‘carbon bombs’, revealed in Guardian investigation, will not solve global energy crisis

The Guardian - UK

Revealed: the ‘carbon bombs’ set to trigger catastrophic climate breakdown

Exclusive: Oil and gas majors are planning scores of vast projects that threaten to shatter the 1.5C climate goal. If governments do not act, these firms will continue to cash in as the world burns

Asharq Al-Awsat

IEA: Renewable Energy to Grow to New Record in 2022

The world will set a new record for renewable power capacity this year led by solar energy in China and Europe, but growth could lose steam in 2023, the International Energy Agency said Wednesday. A record 295 gigawatts of new renewable power capacity was added in 2021 despite supply chain…

Benzinga

President Biden Did Not Consult Global Energy Partners Before Its Massive Reserve Release: Reuters

The International Energy Agency members have become worried that U.S.

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