The ECOreport reposts another story of the continued contraction of the fossil fuel sector, Global Energy Investment Fell 12% In 2016
Press Release from the International Energy Agency
Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the International Energy Agency’s annual World Energy Investment report.
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The ECOreport looks at a new International Energy Agency Report, the future of trucking in a low carbon world
By Roy L Hales
Trucks consume a fifth of the world’s oil. They also use half of the diesel. Unless actions are taken, the demand from road freight is expected to grow 40% by 2050. A new report from the International Energy Agency (IEA) examines trucking in a low carbon future.
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The International Energy Agency calculated if World leaders fulfill the pledges made to the UN, for the Paris talks, $13.5 Trillion will Be Invested By 2030
Originally Published on Clean Technica
By Sandy Dechert
The International Energy Agency produced a World Energy Outlook special briefing today to reveal the energy sector implications of the national climate pledges (INDCs) submitted to the UN for its the upcoming climate summit in Paris (COP21). IEA estimates that in order to implement the climate investment pledges made to the UN by world leaders, the global energy industry must invest $13.5 trillion through 2030 in efficiency measures and low-carbon technologies. IEA’s analysis includes deployment of nuclear, wind, and solar power plus carbon capture and storage technologies. Download the briefing here.
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In their newly released “Medium-Term Renewable Energy Market Report 2015,” the IEA says renewables will lead energy market for years to come.
Originally Published on Click Green
Renewable energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies, the IEA has suggested in an annual market report published today.
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