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IEA: HALF OF ELECTRICITY COULD COME FROM LOW-EMISSION SOURCES BY 2026

The demand for electricity in the next three years is expected to grow by an average of 3.4 percent. About 85 percent of the increase in global demand is projected to come...

EU COUNCIL AND PARLIAMENT REACH AN AGREEMENT ON REDUCING CO2 EMISSIONS GENERATED BY HEAVY-DUTY VEHICLES

The Council and the European Parliament reached a temporary political agreement on CO2 emission standards for heavy-duty vehicles, to reduce these emissions in the road transport sector, but also set new targets...

EU economy emissions in 2022: down 22 percent since 2008

In 2022, greenhouse gas (GHG) emissions generated by economic activities of EU resident units stood at 3.6 billion tonnes of CO2 equivalents (CO2-eq), indicating a 22 percent decrease compared with 2008. The activities with the highest GHG emissions in 2022...

THE CIRCULAR ECONOMY IN THE OIL INDUSTRY: REDUCTION OF RAW MATERIALS, WASTE AND EMISSIONS  

According to the official data posted on the website of the European Parliament, 2.2 billion tonnes of waste are generated in the European Union each year. More than a quarter of it...

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...

Lagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk

Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels...

Stronger international cooperation in high emissions sectors crucial to get on track for 1.5°C climate goal

Insufficient progress in transitions to clean technologies and sustainable solutions over the past year highlights the need for strong and targeted international collaboration in high emissions sectors to deliver transitions that are...

SUSTAINABLE BUSINESS, CLIMATE PROTECTION AND REDUCTION OF CO2 EMISSIONS AT THE TOP OF OMV’S AGENDA

With headquarters in Belgrade and a network of 63 petrol stations throughout Serbia, OMV Serbia strives daily to spread good energy with its quality products and services, as well as by carrying...

CO2 emissions from EU territorial energy use: -2.8 percent

According to Eurostat estimates, in 2022, the EU carbon dioxide (CO2) emissions from fossil fuel combustion (oil and oil products, natural gas, coal and peat) for energy use in the EU territory...

Power-sector Emissions are Set to Fall in 2022. – Thanks to Renewable Energy

Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand. Renewable energy has seen a...

How do Countries Measure Greenhouse Gas Emissions?

With the 2022 Emissions Gap Report due to be released in October this year ahead of the United Nations Climate Change Conference (COP27) in Egypt, the focus is on how fast countries...

The World Needs More Diverse Solar Panel Supply Chains to Ensure a Secure Transition to Net Zero Emissions

Ensuring a secure transition to net zero emissions will require increased efforts to expand and diversify global production of solar panels whose global supply chains are currently heavily concentrated in China, the...

UK Government Boosts Space Tech Funding To Cut Carbon Emissions And Improve Energy Security

Funding for pioneering new space technologies will help to cut carbon emissions, improve energy security and enhance the UK’s reputation as a science superpower, the Business and Energy Secretary Kwasi Kwarteng announced...

Global CO2 Emissions Rebounded to Their Highest Level in History in 2021

Increased use of coal was the main factor driving up global energy-related CO2 emissions by over 2 billion tonnes, their largest ever annual rise in absolute terms. Global energy-related carbon dioxide emissions rose...

It’s Time to Shift to Net-Zero Emissions Plastics

There are two sides to everything - and that goes for plastics, too.Let's start with the positive side. Plastics shape and facilitate the whole of modern life. They are found in everything...

Global SUV Sales Set Another Record in 2021, Setting Back Efforts to Reduce Emissions

As the global economy has recovered strongly this year, car sales have rebounded too. Globally, they are set to grow by 4 percent in 2021, according to the auto industry tracker MarkLines,...

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