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Search Result for “iea”

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WORLD

Renewables outpace fossil fuels despite US policy shift: IEA

AFP, Published on 12/11/2025

» PARIS - Renewable energy is still expanding faster than fossil fuels around the world despite policy changes in the United States, with oil demand possibly peaking "around 2030", the International Energy Agency (IEA) reported on Wednesday.

SUSTAINABILITY

Renewable energy overtakes coal but growth slowing

AFP, Published on 07/10/2025

» PARIS - Solar and wind farms generated more electricity than coal for the first time this year, but US and Chinese policy shifts are slowing growth, putting a global target to triple renewable energy capacity by 2030 out of reach, reports said on Tuesday.

WORLD

Tech giants’ net zero goals ‘verging on fantasy’

AFP, Published on 26/06/2025

» PARIS - The credibility of climate pledges by the world’s tech giants to rapidly become carbon neutral is fading fast as they devour more and more energy in the race to develop AI and build data centres, researchers warned Thursday.

BUSINESS

AI surge ‘to double data centre power demand by 2030’

AFP, Published on 10/04/2025

» PARIS - Electricity consumption by data centres will more than double by 2030, driven by artificial intelligence applications that will create new challenges for energy security and CO2 emission goals, according to the the International Energy Agency (IEA).

WORLD

Waning influence of OPEC+ in spotlight as prices flag

AFP, Published on 20/12/2023

» LONDON - Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and its ten allies have struggled to boost flagging prices.

WORLD

'It's finished!': IEA boss says COP28 bid farewell to fossil fuels

AFP, Published on 15/12/2023

» PARIS - While the UN's COP28 climate summit marked a pivot moment, when the world pledged to say "goodbye" to fossil fuels, International Energy Agency chief Fatih Birol told AFP on Friday, it needs to now urgently boost finance for the energy transition in developing countries.

WORLD

Coal use hits record in 2023, Earth's hottest year

AFP, Published on 15/12/2023

» PARIS - Global consumption of coal reached an all-time high in 2023, the IEA energy watchdog said Friday, as Earth experienced its hottest recorded year.

BUSINESS

Grip of Opec+ on oil market loosening

AFP, Published on 14/12/2023

» PARIS - Slowing demand growth and rising US crude production will make it more difficult for Opec+ to continue to prop up prices, the International Energy Agency (IEA) said on Thursday.

WORLD

Over 110 countries support tripling renewables by 2030: EU chief

AFP, Published on 02/12/2023

» DUBAI - More than 110 countries want the COP28 climate negotiations to adopt a goal of tripling renewable energy and doubling energy efficiency by 2030, European Commission President Ursula von der Leyen said Friday.

WORLD

COP28 puts spotlight on state oil giants

AFP, Published on 01/12/2023

» PARIS - Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.