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international energy agency

Subsidies for renewables: $57 billion; subsidies for fossil fuels: $312 billion

November 9, 2010 by Tyler Hamilton
with 1,567 views
6

The International Energy Agency put out its annual World Energy Outlook today and urges strong and sustained government support for the deployment of renewable energy. The agency pegs 2009 subsidies for renewables at $57 billion and calls for that to increase to $205 billion by 2035. “The share of modern renewable energy sources,... [read more]

Could solar represent one quarter of world electricity production by 2050?

May 12, 2010 by Tyler Hamilton
with 212 views
0

The International Energy Agency, according to two recently released technology roadmaps, thinks solar electricity coming from photovoltaic or concentrating solar systems could by 2050 come to represent between 20 and 25 per cent of global electricity production. Now, to be clear, we’re talking about production — not capacity — so this... [read more]

Make money. Save the planet, too.

May 6, 2010 by Marc Gunther
with 202 views
3

Like most big problems, climate change will require big solutions. Governments and business will have to make massive investment in clean energy–$45 trillion between now and 2025, says the International Energy Agency. This could make some people very rich. Wall Street, are you listening? Deutsche Bank is. No financial institution has... [read more]

Global oil demand hits new high — threatening both economic and national security

April 14, 2010 by Joseph Romm
with 318 views
2

The International Energy Agency (IEA) released new findings Tuesday April 13 that global oil demand will reach a record high level in 2010, as the world economy recovers and developing nations’ demand for oil grows to new heights.  IEA forecasts that average annual world oil demand will have rebounded 2% from 84.9 million barrels... [read more]

A Focus on the USA – Carbon Capture and Storage

March 24, 2010 by David Hone
with 369 views
8

In my recent posting looking at the changes that could deliver a 17% reduction in US emissions by 2020 (compared to 2005), I introduced 20 GW of carbon dioxide capture and storage (CCS). Notionally this is in the power sector and in my simple model it appeared in the coal fired sector. The issue that faces both the USA and many other... [read more]

A Self-Fulfilling Bet on Biofuels?

March 4, 2010 by Geoffrey Styles
with 143 views
5

An article in today's Financial Times (registration required) raises a worrying possibility concerning the plans of the US and other oil-consuming countries to rely on biofuels for an increasing fraction of future fuel needs. What if oil-producing countries took those plans seriously and reduced their investment in new oil capacity, on... [read more]

Coal’s future

January 27, 2010 by Lou Grinzo
with 75 views
0

If you want to whip an energy and climate geek into a frenzy, there are a few go-to topics, the two most prominent being nuclear power and coal. A couple of interesting items appeared in Google Reader today regarding coal that I thought were definitely worth your time. First is The Future Of Coal Power Will Require Hard Choices: Next... [read more]

China setting the world’s oil price ?

January 25, 2010 by Big Gav
with 141 views
0

The FT has a post pointing to a Goldman Sachs report on the oil market, noting the drop in US demand has been entirely offset by a rise in Chinese demand - China, setting the world’s oil prices . They also point to a report from the IEA, pointing out that some Saudi Aramco grades are no longer available to European customers, "in... [read more]

Cementing a green future

January 19, 2010 by Doris de Guzman
with 181 views
0

A green noose is slowly closing in on the cement industry, where production currently represent about 5% of global CO2 emissions. Last month, the World Business Council for Sustainable Development (WBCSD) and the International Energy Agency (IEA) published a road map that calls for strong national policies as well as actions to develop... [read more]

2010 and Beyond

January 5, 2010 by Geoffrey Styles
with 108 views
0

The start of my seventh year of blogging on energy and its related environmental concerns coincides with the start of a new decade, unless you're of the traditional school that believes the twenty-teens don't really begin until next January 1. Over the holidays I was struck by the number of retrospectives focused on the amply eventful... [read more]

IEA on Copenhagen

December 14, 2009 by Lou Grinzo
with 64 views
0

The International Energy Agency has issued the following press release about the climate meeting in Copenhagen: IEA offers blue print to deliver on ambitious climate change goals and urges all governments to send a strong signal to spur new investment for clean energy “While the details of a binding agreement may not be completely... [read more]

TIME: Technology, Not Targets, Are What Matters Most in Copenhagen

December 10, 2009 by Yael Borofsky
with 214 views
0

Originally posted at the Breakthrough Institute Addressing the global clean technology challenge should be the focus of climate negotiations in Copenhagen, not carbon emissions reduction targets, writes TIME's Bryan Walsh. TIME's Bryan Walsh emphasizes the need for the additional investments in clean energy technology highlighting the... [read more]

$10.5 Trillion by 2030: the Number that Should be at the Heart of Copenhagen Climate Talks

December 7, 2009 by Jesse Jenkins
with 45 views
0

By Jesse Jenkins and Devon Swezey, originally at the Breakthrough InstituteForget 80% by 2050 and 17% by 2020. Time to stop fixating on 450 ppm vs 350 ppm. As UN climate talks kick off today in Copenhagen, Denmark, there's only one number really worth the world's attention: $10.5 trillion.That's the additional investment required... [read more]

Key oil figures were distorted by US pressure, says whistleblower

November 10, 2009 by Big Gav
with 55 views
0

The Guardian has an article on claims by anonymous whistleblowers at the IEA that the US pressures the agency to release unrealistic estimates of future oil supplies - Key oil figures were distorted by US pressure, says whistleblower.The world is much closer to running out of oil than official estimates admit, according to a... [read more]

Nuclear Energy Growth Might Turn Promises of Low Natural Gas Prices Into a Reality

November 6, 2009 by Rod Adams
with 141 views
6

Just yesterday, I wrote a lengthy piece talking about how natural gas suppliers are working hard to market their product to both gas customers and to politicians who are making large impact energy policy decisions. One of the marketing bullets being used is that natural gas is newly abundant and can thus be considered a reliable, long... [read more]