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Fossil fuels are losing ground to renewable energy in Europe

The Verge: Energy

. | Photo by Jan Woitas/picture alliance via Getty Images The European Union saw a record drop in pollution from fossil fuel power plants last year, according to a new report. Ember, an energy think tank that crunched the numbers, calls it “an unprecedented collapse in coal and gas electricity generation.”

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2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. We’ve spent decades promoting clean energy technologies. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. Hunter Lovins.

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IEA: Demand for oil on track to reach all-time high in 2023

GreenBiz

The energy transition is slowing down growth of oil demand, but has yet to reduce overall levels of consumption of the fossil fuel, the IEA warns.

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IEA’s World Energy Outlook 2023 Predicts Peak Fossil Fuel Demand

R-Squared Energy

The International Energy Agency (IEA) just released its World Energy Outlook 2023 report. Perhaps the most noteworthy prediction from the report is of peak demand for fossil fuels within this decade. However, fossil fuels will still account for over 70% of supply (down from ~82% in 2022).

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Greenpeace US Responds to Fossil Fuel Industry Plans to Grow Plastic Demand

Green Living Guy

Yet, the fossil fuel industry aims to increase the demand for plastic over the next decade. This is as the transition to green energy could decrease the demand for oil and gas. The post Greenpeace US Responds to Fossil Fuel Industry Plans to Grow Plastic Demand appeared first on Green Living Guy.

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New fossil fuel projects ‘very unwise economic risk’ says global energy chief

The Guardian: Energy

Fatih Birol, head of International Energy Agency, says countries planning expansion are ‘misjudging market trends’ Countries and companies planning to expand their fossil fuel production are taking “very unhealthy and unwise economic risks” as their investments may not be profitable, the world’s foremost energy adviser has warned.

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Report: As Climate Crisis Expands, Canada Still Hands Billions to Fossil Fuel Industry

DeSmogBlog

billion supporting the fossil fuel and petrochemical industry. Taxpayer handouts to Canada’s wealthiest companies means that less money is available for the types of investments that could actually help people across the country who are deciding between food and energy bills,” she said. Initially estimated to cost $5.4