Tag Archives: Fatih Birol

As national and regional economies continue to recover from the recessions induced by the COVID-19 pandemic, more than 800 power generation projects, dominated by renewables, are now in the Asian pipeline outside China, representing at least $316 billion in investment opportunities, according to a recent EY report. Of that total, …

Global CO2 emissions from energy are seen rising nearly 5% this year, suggesting the economic rebound from Covid-19 could be “anything but sustainable” for the climate, the International Energy Agency says. The IEA’s Global Energy Review 2021 predicted carbon dioxide emissions would rise to 33 billion tonnes this year, up …

The Covid-19 pandemic has caused a drop in demand and prices like never before. Here’s how global oil giants are dealing with the mounting losses. Global oil giants posted massive losses in 2020, as the coronavirus pandemic brought oil and gas demand to a grinding halt and caused already-weak prices …

Tackling climate change is impossible without investment in the clean energy transition of developing countries, International Energy Agency (IEA) chief Fatih Birol said on Wednesday. Birol, who heads the Paris-based energy watchdog, said at a virtual meeting of the World Economic Forum that more than two-thirds of global emissions come …

The International Energy Agency (IEA) will later this year publish the world’s first comprehensive roadmap for the energy sector to reach net-zero emissions by 2050. It is among a number of projects for 2021 announced by the IEA yesterday to support efforts to reach global energy and climate goals. The …

Energy efficiency is expected to record this year its weakest progress in a decade, creating additional challenges to the world achieving international climate goals, the International Energy Agency (IEA) said in a new report. Plunging investments and the economic crisis have markedly slowed the progress in energy efficiency this year, …

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 today, Chinese emissions this year, 2020, will be higher than in 2019, they rebounded,” Fatih Birol told a digital …

The world’s power generation is about to become even more green, according to a new publication from the International Energy Agency (IEA). The group on Nov. 10 published its “Renewables 2020″ report, and highlighted how generation capacity from both wind and solar will double across the next five years and …

Wind and solar capacity will double over the next five years globally and exceed that of both gas and coal, according to a new International Energy Agency (IEA) report. The Paris-based intergovernmental agency anticipates a 1,123 gigawatt (GW) increase in wind and solar that would mean these power sources overtake …

In some parts of the world, solar power is now the cheapest source of electricity in history, thanks to policies encouraging renewable energy growth. That’s according to a new report released today by the International Energy Agency (IEA). Sunshine is free, but the technology needed to turn it into usable …