The Latest Breaking News from International Energy Agency

New projections show Russia never regaining its former stature in world markets.

For the first time, the International Energy Agency projects that demand for fossil fuels will soon peak. It's nowhere close to the speed the world needs to stop climate change - but it's a big step.

TUESDAY'S federal budget was framed on commodity price assumptions that included a fall in thermal coal from $US438 a tonne to just $US60 a tonne by July this year.

Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of "the first truly global energy crisis", the head of the International Energy Agency (IEA) said on Tuesday.

Lavish US tax breaks are transforming the case for technology that traps and stores CO₂. Critics say it is still a green boondoggle

With the EU committed to making electric vehicles widely available by 2035, the demand for metals required to produce batteries, particularly lithium, is expected to explode. The market is currently dominated by a handful of countries, but Europe wants to join the club by exploiting its subsoil.

The International Energy Agency said Wednesday that it expects carbon emissions from the burning of fossil fuels to rise again this year, but by much less than in 2021 due to the growth in renewable power and electric cars

Paris (AFP) - Global carbon dioxide emissions from fossil fuel combustion are expected to grow just one percent this year despite concerns over the impact of the energy crisis, the International Energy Agency said Wednesday, amid bumper growth for renewable energy.

Global carbon dioxide emissions from burning fossil fuels are expected to rise by just under 1% this year, as the expansion of renewables and electric vehicles outweighed coal demand, the International Energy Agency (IEA) said.