International Energy Agency

Aerial view of cylindrical silver oil tanks

Use or Misuse of the Strategic Petroleum Reserve?

Rising gasoline prices prompted President Biden to announce on October 19 that he was authorizing the release of 15 million barrels of crude oil from the nation's Strategic Petroleum Reserve.

November 3, 2022 - The Washington Post

Close-up of multicolored gas station pumps

OPEC Plus Decision to Reduce Oil Output Could Lead to Global Recession

A decision earlier this month by a group of the world's largest oil exporters to drastically reduce oil production to stem the decline in oil prices could be a ‘tipping point’ for a global recession, says the International Energy Agency.

October 19, 2022 - The Hill

Gas Pumps

Waging War on High Gas Prices

America is not at war, but that didn't stop President Joe Biden from calling the largest release of oil from the nation's Strategic Petroleum Reserve that he authorized on March 31 to lower oil prices, a 'wartime bridge.'

April 6, 2022 - Washington Examiner

pallets of green oil barrels stacked

Biden Orders Release from Strategic Petroleum Reserve: What's the Emergency?

The purpose of the Strategic Petroleum Reserve is to maintain oil flow to refineries during national emergencies when oil supplies are disrupted. What national emergency prompted President Biden to order the release of 50 million barrels?

November 29, 2021 - CNBC

Climate Change

Climate Concerns Largely Absent in Auto Showrooms

A consumer survey found that less than a third of respondents considered carbon emissions or the environment when they last purchased a motor vehicle, yet three-quarters of Americans consider climate change a major problem or crisis.

February 7, 2020 - Streetsblog USA

China Solar

Growth of Green Energy Slowing in China

Fears of a US trade war and a slowing economy have translated into fewer subsidies for solar and wind energy in China.

October 4, 2019 - Yale Environment 360

Energy Factory II

No Good News for Climate Stabilization From a New Worldwide Energy Report

Last month, the Paris-based International Energy Agency released its annual "Global Energy & CO2 Status Report." Energy consumption grew 2.3 percent with fossil fuels accounting for 70 percent on the increase. CO2 emissions jumped 1.7 percent.

April 5, 2019 - The Washington Post

Rural Traffic

Replacing Diesel-Powered Trucks With Natural Gas, Hybrid, and Battery Power

The U.S. Department of Energy, in partnership with the California Energy Commission and the South Coast Air Quality Management District, awarded $18 million to nine companies and universities to advance natural gas technology for trucks.

March 26, 2019 - Climatewire

Oil Rig

At World Oil Conference, No One Questioned Climate Change Science

During the CERAWeek conference held earlier in Houston, oil companies were not of one mind when it came to the future of their industry, with some saying transportation will be electrified while others maintained oil will continue to dominate.

March 22, 2019 - Houston Chronicle

Coal Mine

Global Coal Consumption Grows After Three Years of Decline

The rise is attributed to Asian nations, particularly India and China, where coal-power plants are newer than in the West. It shows a growing disconnect between energy and climate goals, warned the International Energy Agency.

November 6, 2018 - Financial Times

Fracking

Petrochemical Industry to Drive Major Growth in Oil Demand

A new report from the International Energy Association projects that petrochemicals will be the largest driver of oil consumption, greatly increasing greenhouse gas emissions and offsetting the effect of electric vehicles on oil demand.

October 7, 2018 - Reuters

Electric Charging Stations

China Will Drive Electric Vehicle Market

Two new reports on the outlook of electric vehicles paint a bright future for the new technology. No country is more critical than China, where policies will force global auto companies to invest in clean technology if they want to have a future.

June 4, 2018 - CNBC

TOKYO Night @45F

Energy Demand and Carbon Emissions Increased in 2017, Just Not Everywhere

The International Energy Agency found that China and India were responsible for 40 percent of the increased energy demand. The biggest decrease in carbon dioxide emissions came from the U.S., largely due to increased use of renewables.

March 27, 2018 - International Energy Agency

Tesla

The Era of the Electric Vehicle is Approaching

A new report from Bloomberg New Energy Finance predicts that due to a plunge in battery prices and improvement in battery technology, electric vehicles will be cost-competitive with gasoline vehicles in eight years. By 2040, they will outsell them.

July 17, 2017 - Bloomberg BusinessWeek

Selling the Nation's Strategic Assets to Fund Road Construction

What happened to the "strategic" in the nation's Strategic Petroleum Reserves? As Politico reveals, heretofore these oil reserves have only been sold when the nation's oil supply was threatened. Republicans leaders now view the SPR as a cash cow.

July 24, 2015 - Politico

Report: 2014 Carbon Emissions Down as World's Economy Grows

A recent report offers optimism that will world is making progress in the right direction to reduce carbon emissions.

March 15, 2015 - The Hill

Peak Oil? 'Far Too Much' Oil to Prevent Severe Climate Change

Confirming an earlier Dept. of Energy report, the International Energy Agency's World Energy Outlook indicates not only that U.S. oil production will surpass Saudi Arabia's by 2020, but that it will be a net exporter by 2030 - thanks to fracking.

November 14, 2012 - Bloomberg News

World Fails Clean Energy Report Card

A newly released report by the International Energy Agency hands out dismal grades to the nations of the world for their efforts in developing clean energy technologies. Brad Plumer shares the results.

April 30, 2012 - The Washington Post

Oil Shortage & Climate Crisis On Horizon

Despite the reduction in oil consumption caused by the global recession, the world faces a duel energy-environmental crisis of an oil shortage and climate crisis, according to the World Energy Outlook written by the International Energy Agency.

November 10, 2008 - The New York Times

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