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26% of World Will Run on Renewables by 2020, Says IEA

2015-10-06 15:53:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The International Energy Agency (IEA) on Friday released a report, Medium-Term Renewable Energy Market Report 2015, which found that by 2020, 26 percent of the worlds energy will be generated by renewable sources. The agency notes this is a remarkable shift in a very limited period of time. Renewable electricity expanded at its fastest rate to date, 130 GW (gigawatts), in 2014 and accounted for more than 45 percent of net additions to world capacity in the power sector, says the report. Costs...

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Fatih Birol new Executive Director of IEA

2015-09-01 09:55:34| Green Car Congress

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IEA: Ignoring Climate Change Could Be Costly Fossil Fuel Firms

2015-07-10 15:11:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The worlds fossil fuel companies risk wasting billions of dollars of investment by not taking global action to fight climate change seriously, according to the chief economist of the International Energy Agency (IEA). Fatih Birol, who will take the top job at the IEA in September and is one of the worlds most influential voices on energy, warned that companies making this mistake would also miss out on investment opportunities in clean energy. Coal giant Peabody recently dismissed global...

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Oil prices drop as IEA sees demand growth cooling

2015-06-12 01:46:40| Oil & Gas - Topix.net

Oil prices retreated on Thursday after two days of gains as the International Energy Agency predicted that a recent surge in world crude demand was set to end. NEW YORK: Oil prices retreated on Thursday after two days of gains as the International Energy Agency predicted that a recent surge in world crude demand was set to end.

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