It is encouraging that institutional investors with $1.5 trillion in funds have told asset managers to step up on climate action or risk being dumped, according to the Financial Times (behind a paywall). “A group of 26 financial institutions and pension funds from Australia to the US, including Scottish Widows, the People’s Partnership and Brunel … Continue reading Energy in Demand News, February 16-17, 2025
Category: fossil fuels
The IEA is under increasing scrutiny as the global energy landscape shifts under a second Trump administration
In an article on the Sasktoday website, Rashid Husain Syed gives his views on the Trump administration’s impact on global energy policy. What are your views? Opinion: IEA under fire as Trump reshapes global energy policy The fight over oil’s future intensifies as the IEA faces growing industry and political skepticism. The International Energy … Continue reading The IEA is under increasing scrutiny as the global energy landscape shifts under a second Trump administration
Energy in Demand News, February 2, 2025
Who would have guessed? Norway’s coalition government has collapsed because of the EU’s energy efficiency directive, energy performance of buildings directive and renewable energy directive! The Eurosceptic junior coalition partner quit after the Prime Minister pushed to implement the energy directives. Norway (which is not a member of the European Union) adopts most of the … Continue reading Energy in Demand News, February 2, 2025
Data centres and the energy storage solution
In an article on the Clean Technica website, Tina Casey discusses the on-going issue of growing energy consumption for data centres and the possible energy storage solution. The concern is that by some estimates, data centre energy demands are projected to consume as much as 9% of US annual electricity generation by the year 2030. … Continue reading Data centres and the energy storage solution
“While Donald Trump is singing from the Republican Party songbook when it comes to climate change, the music was written long before he came along”
In an article on The Conversation website, Joe Árvai, Director of the Wrigley Institute for Environment and Sustainability | Professor of Psychology, Biological Sciences, and Environmental Studies, USC Dornsife College of Letters, Arts and Sciences, discusses how the oil industry over many decades has used a combination of large donations to politicians and misinformation to … Continue reading “While Donald Trump is singing from the Republican Party songbook when it comes to climate change, the music was written long before he came along”
New US energy secretary opposes saving energy
Fracking firm CEO Chris Wright has been nominated to lead the US Department of Energy, and his climate sceptic views do not augur well, writes Andrew Warren, chair of the British Energy Efficiency Federation, in an article on the Business Green website. More about the role of the Department of Energy is available here. … Continue reading New US energy secretary opposes saving energy
Energy in Demand News, January 5, 2025
The Italian energy giant Eni has just fired up the world’s most powerful supercomputer outside the US as it races rivals to build the technology infrastructure needed to better explore for new sources of oil and gas. The supercomputer cost €100 million, reports the Financial Times (behind a paywall). The supercomputer took fifth place in … Continue reading Energy in Demand News, January 5, 2025
Shell had been caught out using “what in essence are fake carbon offsets”
Shell used rice-farming offsets for “carbon neutral” LNG campaign – but farmers and local authorities said no project activities took place. Matteo Civillini writes on the Climate Home News website about a rather serious form of greenwashing. How Shell greenwashed gas with sham Chinese carbon credits Since 2022, Shell has sold more than 20 … Continue reading Shell had been caught out using “what in essence are fake carbon offsets”
Coal use still increasing
The spike in fossil fuel use a result of global gas crisis is triggered by Russia’s invasion of Ukraine for the most part. Jillian Ambrose writes on the Guardian website about latest developments. Separately, the Guardian also wrote that Australia has just announced the expansion of four new coal mines. The approvals have angered climate … Continue reading Coal use still increasing
Energy in Demand News, December 15, 2024
BP and Shell are scaling back electricity ambitions to escape the ‘valley of death,’ according to the Financial Times website (behind a paywall). Over the past five years, the two companies had spent a combined US$18 billion to be major players in electricity. But now Shell has sold its retail electricity business in Germany, the … Continue reading Energy in Demand News, December 15, 2024
