The Latest Breaking News from IEA

The IEA forecast indicates a sharp rise in the requirements of AI, but said threat to the climate was ‘overstated’

Clean sources accounted for more than 40 percent of electricity production last year for the first time.

Australia has huge reserves of coal and gas – but very little oil. Before the 20th century, this didn’t matter – trains ran on local coal. But as cars and trucks have come to dominate, Australia has become more and more reliant on imported oil.

The world added the smallest amount of new coal capacity in two decades last year, a report said Thursday, but use of the fossil fuel is still surging in China and India.

Japan wants to become a hydrogen fuel leader to meet its net-zero goals, but one blockbuster project is hanging in the balance over questions about its climate credentials.

Europe increased its imports of Russian gas last year, says Ember, putting billions into Putin’s Ukraine war chest.

Elon Musk’s controversial political views and actions have sparked an exodus from X (formerly Twitter), his social media platform, and mass protests against his car company, Tesla. Dealerships in the US and beyond have experienced peaceful protests and occasional vandalism, while sales are down almost everywhere and the company has…

Despite some climate-related setbacks, the decoupling of emissions from economic growth is one promising trend.

Record high temperatures last year fuelled demand for air conditioning, in turn driving an increase in dirty coal-fired power generation in a dangerous feedback loop revealed by a new global survey from the International Energy Agency.

A national energy strategy for Aotearoa New Zealand was meant to be ready at the end of last year. As it stands, we’re still waiting for a cohesive, all-encompassing plan to meet the country’s energy demand today and in the future.

April WTI crude oil (CLJ25 ) Thursday closed down -1.13 (-1.67%), and April RBOB gasoline (RBJ25 ) closed down -0.0170 (-0.79%). Crude oil prices were under pressure Thursday and settled moderately lower. A stronger dollar Thursday was bearish for energy prices. Also, the possible escalation of US tariffs that could...