By António Guterres 4 April 2022 (The Washington Post) – A report released Monday by the Intergovernmental Panel on Climate Change is a litany of broken climate promises. Together with the IPCC’s previous two reports on physical science and adaptation in the past year, it reveals the yawning gap between climate pledges and reality. And the reality is that we are […]
COLOMBO, 31 March 2022 (The Straits Times) – Sri Lanka’s power minister said on Thursday (31 March 2022) that power cuts could continue into May, as many parts of the crisis-hit country currently face up to 13 hours without electricity due to a shortage of foreign currency to import fuel. Pavithra Wanniarachchi said that a […]
By David R Baker, Allison Smith, and Sheela Tobben 27 March 2022 (Bloomberg) – Prices for some of the world’s most pivotal products – foods, fuels, plastics, metals – are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic […]
By Stephen Stapczynski and Shoko Oda 25 March 2022 (Bloomberg News) – Not since the late 1970s have governments around the world been under so much pressure to ask their citizens to cut energy consumption for the greater good. The need for more energy conservation has snowballed: The war in Ukraine is forcing Europe to curb […]
By Evanne Yu 25 March 2022 (SCMP) – A company in Pennsylvania has an unusual plan to deal with coal waste – crypto mining. Stronghold Digital Mining uses waste left behind by decades-old coal power plants to generate the electricity for hundreds of supercomputers working to mine bitcoin. The US Environmental Protection Agency says that […]
By Fiona Harvey 21 March 2022 (The Guardian) – The war in Ukraine risks putting global targets on the climate out of reach, the UN secretary general has warned, if countries respond to Russia’s aggression by increasing their use of fossil fuels. António Guterres said the aim of limiting global temperatures to 1.5C above pre-industrial levels, […]
By Spencer Dale 14 March 2022 (BP) – At the time of writing, the world’s attention is focussed on the terrible events taking place in Ukraine. Our thoughts and hopes are with all those affected. The scenarios included in Energy Outlook 2022 were largely prepared before the outbreak of the military action and do not include any […]
By Franklin Briceño 13 March 2022 CIUDAD PACHACUTEC, Perú (AP) – Walter de la Cruz scrambled down a large sand dune in the fog to reach a rock overlooking the Pacific Ocean, where he has fished for three decades. He cast a hook into the waters off Peru’s coast several times, with no luck. One […]
4 March 2022 (FAO) – The FAO Food Price Index (FFPI) averaged 140.7 points in February 2022, up 5.3 points (3.9 percent) from January and as much as 24.1 points (20.7 percent) above its level a year ago. This represents a new all-time high, exceeding the previous top of February 2011 by 3.1 points. The […]
3 March 2022 (EIA) – Key takeaways from the Reference case and side cases: Petroleum and natural gas remain the most-consumed sources of energy in the United States through 2050, but renewable energy is the fastest growing Motor gasoline remains the most prevalent transportation fuel despite electric vehicles gaining market share Energy-related carbon dioxide (CO2) […]