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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.

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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. To put that in context, Environmental Defence’s “Canada’s Fossil Fuel Funding in 2023” report estimates that the Canadian government’s accumulated subsidies to the oil and gas sector over the last four years was at least $65 billion.

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‘Beginning of the end’ of fossil fuel era approaching, says IEA

The Guardian: Energy

Forecast downturn still ‘nowhere near steep enough’ to limit temperature rise to 1.5C, says watchdog Business live – latest updates The world’s demand for oil, gas and coal will begin to decline this decade in “the beginning of the end” of the fossil fuel era, according to the global energy watchdog.

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GB News Owner’s Hedge Fund Has $2.2 Billion Fossil Fuel Investments

DeSmogBlog

billion) in fossil fuel firms. This includes companies that specialise in extracting, refining, transporting and distributing fossil fuels. million) shareholding in the oil and gas supermajor Chevron, as well as stakes in Shell, Equinor, and 109 other fossil fuel companies. billion (£1.8

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The world came tantalizingly close to a deal to phase out fossil fuels

The Verge: Energy

The beginning of the end for fossil fuels? This text is a step forward on our path towards phasing out fossil fuels, but is not the historic decision we hoped for.” More than 100 countries came to the table pushing for an official agreement to “phase out fossil fuels.”

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

Energy Central

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.

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Kick Fossil Fuel Interests Out of Climate Policy Process, Campaigners Urge

DeSmogBlog

World leaders must bring in stricter criteria to exclude fossil fuel companies from decision-making, campaigners have urged, as talks at the crucial COP26 summit enter their fifth day. The UNFCCC, the EU and UK should ensure climate decision-making is protected from fossil fuel interests at the regional, national and local level. “The