Tag: International Energy Agency

Internal layoffs removed the very officials who would have modeled oil supply disruptions, coordinated with Gulf energy partners, and prepared for retaliatory strikes as war with Iran drove gas and crude prices sharply higher.

By 2030, the report predicts that wind and solar along with other low-emission sources and clean energy technologies will generate more than half of the global electricity.

The IEA said that electric vehicle sales will reach 17 million in 2024, which is up from 14 million in 2023, according to its new Global EV Outlook 2024.

Despite global vows to cut greenhouse gases, methane emissions from the energy sector hover near all-time highs, challenging the effectiveness of international commitments.

“Governments need to increase spending and policy action rapidly to meet the commitments they made in Paris in 2015.”