Energy Insights

Electric Vehicles Speeding up The Demise of the Oil Era: IEA

The International Energy Agency expects world oil consumption to hit its peak in 2030 at 103 million barrels per day…

8 hours ago

Only One Development Bank Vowing to Halt Funds for Fossil Fuels

COP28 president Sultan Al Jaber also seen opposing the UN chief's call for a halt in the use of fossil…

3 days ago

Indonesia, ADB, Owners to Shut Coal Power Station Early

Jakarta and the Asian Development Bank have agreed to a deal that will see a 660-MW coal plant in West…

3 days ago

COP28: Over 110 Nations Join Deal to Triple Renewable Energy

The pledge by over half the world's countries to triple renewable energy was perhaps the most positive news at COP28…

4 days ago

China Lithium Prices to Tank in 2024 Amid Global Supply Surge

Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise…

5 days ago

Hope for Early Deal on Climate Damage Fund as COP28 Opens

Organisers are keen to generate goodwill before talks on the future of fossil fuels; fund would help poor nations cope…

6 days ago

US Treasury Seen Limiting Chinese Role in EV Market – WSJ

The US Treasury is expected to block an EV tax subsidy for buyers of cars containing batteries, components or minerals…

6 days ago

Work on New Coal Plants Raises Doubt on China’s Climate Vows

A flurry of approvals of new coal-fired plants in recent years spurs fear over China's climate pledges – and the…

7 days ago

China Seen Installing 230 GW of Solar & Wind Power in 2023 – PV

A huge increase in China's solar production capacity and installation will give its citizens power prices less than half the…

1 week ago

Summit Leader ‘Using COP28 to Promote Fossil Fuels’ – NYT

Leaked document has talking points for the president of the UN climate conference, who is an oil executive in the…

1 week ago

COP28: Cities Give A Glimpse of Changes Sweeping the World

The 2020s will be a decade of rapid change driven by the need to counter intensifying global warming; responses by…

1 week ago

Cities Lead COP28 Climate Change Push as Nations Fail to Deliver

Big cities are the places making a real impact on cutting emissions, the head of a global cities network says…

1 week ago