'Demand has never been higher': How the energy crisis is proving an 'accelerant' for renewable energy

Latest data from BloombergNEF reveals 11 per cent increase in global renewable energy financing, as investment reaches record levels – is a tipping point being reached? The global economic outlook may be worryingly bleak, but there is still little evidence that inflation and dwindling confidence are impacting the booming renewables market as investment continued to … Read more

Global Briefing: Biden hails 'historic' US Senate deal promising $369bn climate action boost

Plus Germany energy efficiency funding, global coal demand rises, and the rest of the top green business news from around the world this week Biden: Senate deal ‘most significant’ climate legislation in US history Hopes of ending the epic deadlock that has so far scuppered much of President Biden’s climate agenda in the US were … Read more

IEA: Carbon emissions of global electricity sector on track for slight dip in 2022

Agency’s forecast suggests 2021 could prove to be peak year for power sector carbon emissions Carbon emissions from the electricity sector are set to decline this year, as demand growth for electricity around the world slows and additions of renewable power generation edge fossil fuel generators off electricity grids around the world, according to the … Read more

IEA: Clean tech drives record-breaking energy investment

Surging investment in clean energy, energy efficiency, and electricity grids is set to push clean energy spending to a record high in 2022, according to the latest figures from the International Energy Agency (IEA). The IEA’s World Energy Investment 2022 Report, published yesterday, predicts that global energy investment is to increase by eight per cent … Read more

'Energy efficiency capital of the world': Inside a Danish municipality's mission to dramatically slash its energy use

As governments train their eyes on energy efficiency as a means to shore up their energy independence from Russia, BusinessGreen reports from a region in the midst of a major energy conservation drive The town of Sønderborg in southern Denmark was last week christened as the “energy efficiency capital of the world” by International Energy … Read more

Could clean energy bring an end to Africa’s worsening energy access crisis

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IEA chief Fatih Birol on energy efficiency, national security, and the 'risky business' of fossil fuel exploration

Executive director of working think tank sits down with Green to discuss why energy efficiency and net zero are ‘the Romeo and Juliet’ of the clean energy transition Mobilizing governments around the world to use energy sparingly is at the core of the International Energy Agency’s (IEA) mission. The intergovernmental organization has its origins in … Read more

IEA: How energy efficiency can deliver one third of the emissions cuts required to deliver net zero

Major meeting of energy ministers in Denmark aims to spotlight need for policies that can slash energy use in response to climate and energy crises Roughly a third of the emissions reductions required by 2030 to put the world on track to deliver net zero emissions by mid-century could be achieved if policymakers and business … Read more

IEA: The G7 can and must lead on decarbonising heavy industry

International Energy Agency argues UK, USA and EU and others have the ‘economic heft, technology leadership and international alliances’ to pioneer the development of low carbon industrial hubs G7 nations such as the UK, the US, and Germany must urgently carve out a leading role in the decarbonisation of heavy industries such as steel, cement … Read more