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Australia issued “stark warning” by IEA as fossil fuel demand tipped to plummet by 2030

Renew Economy

IEA, for first time, says demand for oil, gas and coal will all peak by 2030, but must fall sharply before then if agreed climate targets are to be met. The post Australia issued “stark warning” by IEA as fossil fuel demand tipped to plummet by 2030 appeared first on RenewEconomy.

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2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. 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. COVID-19 constricted commuting, and demand for refined oil products fell fast.

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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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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. Fossil fuels dropped to their lowest point since reliable record-keeping started in 1990, making up less than a third of EU’s electricity generation in 2023.

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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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Harvard's decision to ditch fossil fuel investments reflects changing realities

GreenBiz

Students had demanded for years that the university divest from fossil fuels. What happens next?

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

R-Squared Energy

Perhaps the most noteworthy prediction from the report is of peak demand for fossil fuels within this decade. However, it is important to note that coal is the only fossil fuel projected to decline over the next decade under the IEA’s Stated Policies Scenario. The full report may be found here.