Time
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2023-06-01
Exclusive: IEA Head Wants The Fossil Fuel Industry To Set Climate Targets
"Oil and gas companies need to make some commitments in order to be taken seriously," says Fatih Birol.
AP
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2023-06-01
Renewable energy surges, driven by solar boom and high fuel prices, report finds
The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power. The International Energy Agency said Thursday that high fossil fuel prices and concerns about energy security had boosted the rollout of solar and wind power installations, which are expected to reach 440 gigawatts in 2023. That’s about a third more than the world added the previous year, taking the global installed capacity to 4,500 GW, roughly the combined total power output of the United States and China combined. Shifting the global economy away from fossil fuels is one of the most important steps for reducing greenhouse gas emissions underlying global warming.
Reuters
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2023-06-01
New global renewables capacity additions to rise by a third this year - IEA
Global additions of renewable power capacity are expected to rise by a third this year, the International Energy Agency (IEA) said on Thursday, as stronger government policies and energy security concerns drive more clean energy deployment.
CNBC
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2023-05-25
Solar investment set to overtake oil production and attract over $1 billion a day in 2023, IEA says
The effect of coal, gas and oil on the environment is considerable.