Fossil Fuels

The International Energy Agency’s latest report forecasts a decline in global coal demand by 2026, marking a potential turning point in global energy consumption.

In a historic agreement, the world has agreed to “transition away” from fossil fuels at the COP28 climate summit. Is this a success? Depends on who you talk to.

The head of OPEC wrote a letter to its members and urged them to reject any COP28 deal that targets fossil fuels, as seen by Reuters today.

Half of the world’s economies are already five years past a peak in power generation from fossil fuels, new analysis from energy think tank Ember shows.

Labor union members at New York’s Ravenswood Generating Station will become the US’s first fossil fuel power plant workers to transition to operating offshore wind equipment.

New York has become the first state in the US to pass a law that bans the use of fossil fuels in most new buildings.

The International Energy Agency (IEA) today released “Coal 2022,” its annual market report on the fossil fuel’s sector. Here’s where the world currently stands, according to the report, which is considered a global benchmark for the demand, supply, and trade of coal.

London-based HSBC, the largest bank in Europe and the 8th largest bank in the world, has announced that it will stop funding any new oil and gas developments globally.

The fossil fuel industry is utilizing think tanks and lobbyists in a push to oppose wind power in the North Atlantic, claiming they want to save whales, even though the largest source of whale death and disruption is transatlantic shipping powered by their own product: oil.

Coal investor and US Senator Joe Manchin III (D-WV) opposes his own political party’s clean energy program. And since not a single Republican will support the infrastructure bill that contains the program, Manchin has disproportionate power to sink the US plan to decarbonize in order to slow global warming and meet the Paris Agreement target of net-zero by 2050. Why does he oppose it?

In 2020, 26% of US households – that’s 32.25 million out of 123.53 million homes – used electricity as their only source of energy, according to the US Energy Information Administration. But what the EIA doesn’t note is what fuels that “electricity as the only source of energy.”

A team of scientists developed the first global map of chronic oil slicks in the world’s oceans, and found that more than 90% come from humans – significantly more than previously reported.

Wind and solar, the fastest-growing sources of electricity, reached a record 10% of global electricity in 50 countries in 2021, according to a report released today by independent energy think tank Ember. Overall, clean sources generated 38% of the world’s electricity in 2021, beating coal, at 36%.

The solar industry in Illinois is reaping the rewards of the state’s Climate and Equitable Jobs Act that passed five months ago.

Electricity from solar is cheaper than sourcing it from coal-fired power plants, according to a new article published in the journal Energy and Environmental Materials.

Coal production is forecast to reach an all-time high in 2022, and then after a couple of years, plateau as demand flattens, according to the latest annual market report from the International Energy Agency (IEA), released today.

Between 2022 and 2025, 27.3 gigawatts (GW) of new natural gas-fired capacity is scheduled to come online in the US, boosting its existing capacity of 489.1 GW as of August 2021, according to the US Energy Information Administration (EIA). Here’s where it’s headed.

The US Bureau of Ocean Energy Management (BOEM) held a lease sale in the Gulf of Mexico yesterday for oil and gas drilling rights. Why did the Biden administration hold an auction for fossil fuel drilling, on the heels of COP26, where countries agreed to “phase down” fossil fuels?

Atlanta-based Southern Co., the US’s third-largest utility, will terminate around 55% of its coal fleet by 2030. Southern Co. is working toward achieving net zero by 2050.

The US Energy Information Administration (EIA) is projecting that there will be 22% more coal-fired electricity generation in the US in 2021 than in 2020 due to higher natural gas prices – but the coal spike won’t last.

Analysis of Google search data revealed that online searches for electric cars in the UK exploded 1,600% on September 24 – the day that gas shortages became a widespread problem across the country.