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Why Aren’t We Reducing our Reliance on Fossil Fuels Faster?
The world must rapidly cut its greenhouse gas emissions. Remarkable progress has been made, especially in the adoption of renewable energy in the transport and energy sectors, but the change is not...
Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels
Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for...
Ethiopia is the First Country in the World to Ban the Import of Fossil Fuel Vehicles
Although many countries have announced a ban on the import and production of conventional vehicles as targets for 2030 or 2050, Ethiopia is the first country in the world to actually ban...
After Slight Rise In 2023, Methane Emissions From Fossil Fuels Are Set To Go Into Decline Soon
Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced in recent months, as well as fresh pledges stemming from the COP28...
Governments plan to produce double the fossil fuels in 2030 than the 1.5°C warming limit allows
A major new report published today finds that governments plan to produce around 110 percent more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69 percent more...
Urgent action to cut methane emissions from fossil fuel operations essential to achieve global climate targets
Decisive, far-reaching efforts to cut methane emissions from fossil fuel production and use must go hand-in-hand with decarbonisation of our energy systems to limit global warming to 1.5 °C, according to a...
Clean energy investment is extending its lead over fossil fuels, boosted by energy security strengths
Investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability and security concerns triggered by the global energy crisis strengthen the momentum behind more sustainable options, according to...
Support for Fossil Fuels Almost Doubled in 2021, Slowing Progress Toward International Climate Goals, According to New Analysis From OECD and IEA
Major economies sharply increased support for the production and consumption of coal, oil and natural gas, with many countries struggling to balance long standing pledges to phase out inefficient fossil fuel subsidies...
Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore...
European Commission And International Energy Agency In A Common Bid To Reduce EU Reliance On Russian Fossil Fuels
The European Commission and the International Energy Agency are joining forces to help EU countries reduce their reliance on Russian fossil fuels.
By strengthening investments in clean energy and energy efficiency, the project...
REPowerEU: A Plan to Rapidly Reduce Dependence on Russian Fossil Fuels and Fast Forward the Green Transition
The European Commission has presented the REPowerEU Plan, its response to the hardships and global energy market disruption caused by war in Ukraine.
There is a double urgency to transform Europe's energy system: ending the...
Speed Up Green Transition to Break From Russian Fossil Fuels, Say 11 EU Countries
Europe must speed up the rollout of renewable energy and energy efficiency measures in response to Russia’s invasion of Ukraine, according to eleven EU countries.
The invasion of Ukraine put a spotlight on Europe’s...
Support Shifts Away from Fossil Fuels Despite Rising Energy Prices, Survey Finds
According to a new survey, there is strong global support – across all countries and demographic groups – for the energy transition to move away from fossil fuels. A majority of consumers worldwide...
Renewables and Green Gas: The Only Viable Antidote to High Fossil Fuel Prices
Outdated perceptions of the costs of clean energy remain a major barrier to the energy transition. Despite the dramatic fall in prices across these technologies, the dialogue surrounding 'cheap' fossil fuels and...
Floating Solar Plus Wave Energy Smackdown For Fossil Fuels
Everybody is talking about a new EU clean power project that pairs floating solar with offshore wind turbines, but they’re missing half the story. Wave energy is also part of the project.
The...
Hydrogen Can Reduce Reliance on Fossil Fuels and Support Green Transition
The European Bank for Reconstruction and Development (EBRD) and the Gas Transmission System Operator of Ukraine (GTSOU) are joining forces to promote the development and use of hydrogen in Ukraine.
The partners have...