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Decarbonisation ‘Could Leave Fossil-Fuel Economies Stranded’
Global decarbonisation could turn fossil fuel-reliant economies into ‘stranded nations’ unable to unlock the value of carbon-based assets and infrastructure.
These are the findings of a new World Economic Forum study, which shows...
Why the 2035 Zero-Emission Car Target Is Crucial
1. Why is it important for the climate, the economy and jobs in Europe?Economy and jobsMaintaining the ambition of the EU car CO2 standards, including the 2035 100 percent zero emission target...
China’s Slowdown is Weighing on the Outlook for Global Oil Demand Growth
Monthly data reported by countries representing 80 percent of global oil demand for the first six months of 2024 are now available. The data confirm the sharp slowdown in the rate of...
Deep Underground Water Reservoir Discovered on Mars
Scientists from the University of California, Berkeley, have made a significant discovery using data from NASA's InSight research device. They found a massive reservoir of liquid water deep beneath the surface of...
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...
The role of development finance institutions in energy transitions
Development finance institutions (DFIs) account for only around 1 percent of total financing for energy sector investment, but their importance goes well beyond this relatively small share. DFIs are specialised financial institutions...
Brazil’s Opportunity to Lead the Global Dialogue on Energy and Climate
Brazil is a frontrunner in clean energy transitions: among the world’s largest economies, it boasts the lowest share of fossil fuels in its energy mix. Holding the G20 Presidency in 2024, Brazil...
How to Unlock a USD 500 Billion Investment Opportunity in Advanced Energy Solutions and Reach Net Zero
Developing advanced energy solutions including storage, clean fuels, carbon removal and advanced nuclear solutions is key to achieving better outcomes for the climate in the form of low emissions, health via clean...
First Net-Zero Academy to Train 100,000 Workers in the EU Solar Photovoltaic Value Chain
The Commission has launched the European Solar Academy, the first in a series of EU Academies to be set up under the Net-Zero Industry Act (NZIA) to have in place the necessary...
Global Solar Installations Almost Double in 2023 But Leaves Emerging Economies in the Dark
2023’s new solar installations would cover more than half of India’s annual electricity needs or more than Brazil’s entire consumption. Compared to Europe, the annual installations would exceed the total yearly electricity...
Progress on Basic Energy Access Reverses for First Time in a Decade
A new report by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO), released today,...
New Data: CO2 Emissions From New Cars and Vans Further Decrease as Electric Vehicle Sales Grow in Europe
Average CO2 emissions from all new cars registered in Europe in 2023 continued to decrease and were 1.4 per cent lower than in 2022, according to new provisional data published by the...
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...
SUVs are setting new sales records each year – and so are their emissions
SUVs accounted for 48 per cent of global car sales in 2023, reaching a new record and further strengthening the defining automobile trend of the early 21st century – the shift towards...
Fit for 55: Council Gives Final Green Light to Cut Methane Emissions in the Energy Sector
The Council today adopted a regulation on tracking and reducing methane emissions. It is part of the ‘Fit for 55’ package.
The regulation introduces new requirements on measuring, reporting and verifying methane emissions...
Flue gas desulfurization in TENT A, the largest environmental project in thermal power plants in Europe
Dubravka Djedović Handanović, Minister of Mining and Energy, visited the construction site of the flue gas desulphurization plant in the Nikola Tesla A thermal power plant, where all works are scheduled to...
