Global coal consumption is expected to hit a record high in 2023. India’s demand is up 8%, and China’s is up 5%. Renewables are expected to pick up pace. The International Energy Agency (IEA) stated in research on Friday that the world’s coal consumption is predicted to hit a record high in 2023 due to … Read more
Pope Francis has called for an end to the use of fossil fuels. He also called for debt forgiveness for developing countries. Pope Francis was unable to attend the Dubai summit in person. In a speech given here at COP28, the Pope backed calls for an end to fossil fuel use. In an extensive speech, … Read more
Nations agreed to establish a fund to compensate developing nations for “loss and destruction.” The continued usage of fossil fuels was reaffirmed. Brazil joined Indonesia and the Democratic Republic of the Congo in creating a forest protection collaboration. China and the U.S. agreed to resume cooperation on climate change after a hiatus caused by Taiwan … Read more
More than 600 individuals are affiliated with fossil fuels at the COP27. That is more than the combined delegations of the 10 countries with the greatest climate impact. The data indicates that this year there are more lobbyists for fossil fuels than representatives from the ten most affected by climate change. The number of delegates … Read more
Executives insist fossil fuels, especially natural gas, are still needed at a time when global markets grapple with tight energy supplies and skyrocketing prices. Governments worldwide have shifted their focus from sustainability and the energy transition to concerns about a global supply crunch and demands for more oil and gas. Energy organization leaders at a … Read more
