Poor air quality is now the fourth largest threat to our health, according to a new IEA report.
Related: Horizontal Land Rig Count Summary 18th March 2016 But while oil traders have found some reasons to believe that
The conventional wisdom is that investing in climate change is good for the planet but not good for your wallet. Many believe that the only way the $13.5 trillion in investments will happen is if investors are willing to take little to no return. That conventional wisdom is wrong.
In December, the International Energy Agency released a report showing that after a decade of aggressive growth, global coal demand stalled in 2015.
Each week seems to bring new twists in Middle Eastern geopolitics, with shockwaves on the energy market and in particular oil prices. The recent reshuffle in Saudi Arabia heralds a major break with established tradition and watershed in the trends of the oil industry.
It's often said that you can't get economists to agree on anything. Well, oil economists certainly can't agree on future prices, with commentators suggesting anything from $20 to $200. Seldom has there been such a discrepancy in forecasting, though the median forecasts seem to be somewhere between $60 and $70.
For the first time in 40 years, global carbon dioxide emissions from the energy sector did not increase. During 2014, the global economy grew by 3 percent but emissions remained at 2013 levels.
"The contribution by the U.S. will have a direct impact on mobilizing contributions from the other large economies," said
Right now, clean energy access providers are getting hit both coming and going. Their competitors -- fossil fuel companies -- are highly subsidized, but clean energy companies are taxed.
All signs point to the fact that Dr. Kim is serious when he talks about innovation and that he truly cares about ending poverty. If that's truly the case, it's time he stood up and declared a new day at the Bank; one where those taken seriously are the innovators -- not defenders of the status quo.