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Showing 1 - 10 of 40 results for "International Energy Agency"

Top ETF megatrends: Global X

ROSE MARY PETRASS  |  FRIDAY, 19 MAY 2023
... globally. Renewables are currently around 29% of energy production as of 2020, but according to the International Energy Agency need to reach 88% by 2050 to limit warming to 1.5C. There are two areas of growth predicted that are essential for renewables ...

Hopes for action at "implementation" COP27

RACHEL ALEMBAKIS  |  MONDAY, 14 NOV 2022
... concrete ways to reach net zero in line with the Intergovernmental Panel on Climate Change (IPCC) or International Energy Agency (IEA) net zero greenhouse gas (GHG) emissions modelled pathways that limit warming to 1.5°C with no or limited overshoot," ...

Net zero banks fund $3.5bn in carbon: Market Forces

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... processing facility, paving the way for a "carbon bomb" at the scale of 15 coal power stations. "The International Energy Agency (IEA) has made it clear there is no room for new fossil fuel supply projects if we are to achieve the goals of the Paris ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
... end of April. Clearly, the global economy is past its worst, which is good news for oil. But as the International Energy Agency (IEA) warned in its February 'Oil Market Report', "the rebalancing of the oil market remains fragile in the early ...

Chief economist update: Oil gush

BENJAMIN ONG  |  THURSDAY, 4 FEB 2021
... efforts to contain the resurgence of infections and the mutated variant of the virus. These prompted the International Energy Agency (IEA) to downgrade its global oil demand forecast by 0.6 million barrels per day for the first quarter of this year. ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
... the strain these are putting on the hospital system - more states are bound to follow. As such, the International Energy Agency (IEA) has downgraded its global oil demand forecasts; "The global oil demand forecast for 2020 is revised down by 0.3 mb/d... ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... down this year to date - WTI oil by 35.1% and Brent by 38.0%. This is because as Keisuke Sadamori, International Energy Agency (IEA) director for energy markets and security, puts it, the oil market outlook remains in the middle of either a second wave ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... the price of oil. But don't take my word for it. In its August 'Oil Market Report', the International Energy Agency (IEA) downgraded its 2020 oil demand forecast by 8.1 million barrels per day (mpd) and revising lower its 2020 prediction ...

Chief economist update: Easing restrictions narrow oil demand-supply equation

BENJAMIN ONG  |  MONDAY, 18 MAY 2020
It's only been just about a month since oil producers were practically paying buyers to come and take their stocks off them. This was on April 20, one day before the WTI oil futures contracts for May delivery dropped to minus US$36.98 per barrel. ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... Statistics. It has long been under the requirement to hold 90-days of its net oil import mandated by International Energy Agency rules. Former deputy chair of Australia's Air Force John Blackburn, who now works as a consultant, called for the government ...
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