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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. Transportation electrification also progresses quickly.

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Electrification gets down to the wire

GreenBiz

The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. Yet it could take decades to convert all of these things to electric powertrains.

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The top 25 most sustainable fleets

GreenBiz

Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options that decarbonize fleets and in some cases save money. One of Genentech's electric buses, made by BYD.

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Clean energy is officially ‘unstoppable’ now

The Verge: Energy

Photo by VCG via Getty Images By 2030, transportation and electricity around the world will be far greener than it is today, according to the latest forecast from the International Energy Agency. Imagine 10 times more electric vehicles on the road. Renewables make up half of the world’s electricity mix.

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New Oregon Energy Policy Simulator Modeling Shows Major Benefits Of Accelerating Climate Policies

Energy Innovation

This week, Energy Innovation launched the Oregon Energy Policy Simulator (EPS) , our newest state-specific, open-source, peer-reviewed, and nonpartisan model that estimates the environmental, economic, and public health impacts of hundreds of climate and energy policies. By Shelley Wenzel.

Policy 98
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'Stranded': Total writes down $8bn of fossil fuel assets

Business Green

French oil and gas giant Total yesterday announced an $8bn write-down of its most carbon-intensive fossil fuel assets, as the havoc wrought by Covid-19 on on the industry continues to push down oil prices and bring forward predictions of peak demand.

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Global Briefing: EU to push for global fossil fuel phase out at COP28

Business Green

The text, which has been approved by ministers from all 27 EU nations , states that the bloc will "systematically promote and call for a global move towards energy systems free of unabated fossil fuels well ahead of 2050", alongside pushing for a peak in fossil fuel consumption in the near term.