The Latest Breaking News from IEA

Climate activist at Davos says lobbyists have been influencing conferences ‘since forever’

U.S. oil prices broke out of a seven week rut Wednesday on expectations for strong demand in China. Oil stocks climbed.

In a year marked by record-smashing floods, fires, heatwaves and droughts, the urgent need to act on climate change has never been more apparent. And yet, the International Energy Agency (IEA) has found coal burning for electricity generation will reach record levels this year.

Global coal use will rise 1.2% this year to just over eight billion tons, according to the International Energy Agency.

Decline seen as evidence that western efforts to choke off the Kremlin’s earnings are working

American conservatives may be trying to hold back the tide, but solar and wind power are surging worldwide, leaving coal, natural gas and oil in the dust as energy sources.

JPMorgan’s CEO warned of a prolonged energy crisis, while calling for a “Marshall Plan for energy” to combat oil and gas underinvestment.

The heads of the International Energy Agency and European Union’s executive branch say the 27-nation bloc is expected to weather an energy crisis this winter

An International Energy Agency forecast demonstrates the effects of the Ukraine conflict, among other shifting dynamics.