Energy & Green Tech

The energy turnaround won't happen on its own

The surge in gas and oil prices triggered by Russia's invasion of Ukraine could help speed the energy transition. But high prices won't be enough to ensure it succeeds; smart policies are still needed, writes Florian Egli.

Energy & Green Tech

How rising gas prices emphasize the need for renewable energy

The war in Ukraine has caused oil prices to surge to the highest level since 2008, with gas prices in some areas of California creeping up to $6 per gallon. Rising prices have led renewable energy advocates like Tesla CEO ...

Energy & Green Tech

Report: World demand for gasoline may never recover

The world's once-insatiable demand for gasoline is unlikely to recover to pre-pandemic levels, according to a report Wednesday from the International Energy Agency.

Energy & Green Tech

Fossil fuels still reign, but renewables make inroads

Five years after the signing of the Paris Climate Accord fossil fuels still dominate the energy landscape but it is renewables that are enjoying the strongest growth which even the COVID-19 crisis has not dented.

Energy & Green Tech

Switch to electric vehicles could 'end oil era': analysis

Emerging markets switching from petrol and diesel engines to electric vehicles (EVs) could save $250 billion annually and slash expected growth in global oil demand by as much as 70 percent, an industry analysis showed Friday.

Energy & Green Tech

Biofuel from a container

More than four billion tons of crude oil are produced every year, and electricity from wind, solar and hydropower plants cannot entirely supplant fossil sources of energy. At best, renewables could cover the energy needed ...

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