Riddle: What’s as big as the amount of energy used by the European Union…and getting even bigger? The answer is the amount of energy we’re not using. Or more specifically, it is the energy saved in 2011 by the US Read more…
Tag: IEA
With demand for fossil fuels outpacing the growth of renewable energy technologies worldwide, the International Energy Agency suggests that fossil fuel subsidies worth $312 billion be realigned to develop cleaner alternatives. Although renewable energy has seen growth of 30 to Read more…
According to the International Energy Agency (IEA), the current rate of energy efficiency improvement worldwide is not nearly enough to overcome the other factors driving up energy consumption. Unless we can all agree to jump on that bandwagon, we are Read more…
While Western governments from the U.S. to the UK debate the validity of “peak oil”, and obfuscate the probability under a cloak of secrecy, the working world wrings its hands, wondering what will happen when the day arrives and the Read more…
On Monday the International Energy Agency (IEA) released its latest country report on France. These reports are generally issued every five years. Although France has not been immune to the global economic downturn, the climate change plan known as the Read more…
What you don’t know will hurt you. That’s the message in Michael Lewis’ new book, “The Big Short,” which traces today’s worldwide economic downturn to a single problem: the secretive nature of prices in the subprime mortgage bond markets. What’s Read more…
Energy demand in Europe is not growing as fast as in other parts of the world but it still constitutes a significant portion of global energy demand. Europe’s share of global primary energy demand is around 14%, although it is Read more…