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Germany must spread cost of energy shift fairly: IEA
The International Energy Agency said Friday that Germany must shield its consumers from paying too much of the cost of its ambitious switch from nuclear power and fossil fuels toward renewable energy. The IEA also said Europe’s biggest economy should make greater use of natural gas to smoothe the transition…
International Energy Agency warns: Lack of progress in clean energy could be catastrophic
Progress towards the use of cleaner fuel technology has stalled, with production of the world’s energy as “dirty” now as it was two decades ago, the International Energy Agency said Wednesday. Two-thirds of greenhouse gas emissions come from the energy sector and the lack of change should “serve as a…
International energy group raises oil demand estimate
Global thirst for oil will be slightly stronger than expected in the last quarter of 2012 because of demand from China and despite a sharp cutback in Europe recently, the International Energy Agency forecast on Wednesday. The IEA raised its estimate for global demand in the last three months of…
Energy watchdog: Clean energy ‘more urgent than ever’
The need for a more sustainable global energy system is more urgent than ever, energy watchdog, the International Energy Agency warned on Monday as UN climate talks went into a second week. “As international climate negotiators enter their second week of talks … in Doha, the need to rapidly transition…
Australia’s coal and gas exports to surge
Australia’s coal and gas exports will surge as its resource sector booms, but it faces challenges such as labour shortages and infrastructure bottlenecks, the International Energy Agency said Monday. In a review of Australia’s energy policy, the IEA also welcomed the government’s carbon price mechanism to help combat climate change…
Energy agency says oil prices may fall 7 percent in 2013
Oil prices are unlikely to fall much further over the balance of this year but could come under pressure in 2013 as the global economy falters due to slower US and Chinese growth, the IEA said Thursday. The International Energy Agency, which advises developed countries on energy policy, said supply…
Oil prices weaken as OPEC meets on output
World oil prices fell on Wednesday, dampened by eurozone worries and falling shares, as OPEC ministers began a production meeting which was widely expected to maintain output, traders said. Later in the day, traders will also digest the latest snapshot of energy inventories in the United States — the world’s top crude consuming…
Asia moves to open its oil reserves
TOKYO (Reuters) – Asian nations moved to release emergency oil stockpiles on Friday as part of a rare global coordinated action by consumer countries to prevent high energy prices from stunting a stuttering economic recovery. The move, led by Washington and criticized by the oil industry as an unnecessary distortion…
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The educational charities that do PR for the right-wing ultra-rich
Billionaires control the political conversation by staying hidden and paying others to promote their brutal agendas Conspiracies against the public don’t get much uglier than this. As the Guardian revealed last week, two secretive organisations working for US billionaires have spent $118m to ensure that no action is taken to…
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