markets picture
Wind industry warns not building enough to curb global warming
The world's wind power industry is falling far short of installing the capacity needed to limit global warming, a report by the Global Wind Energy Council showed.
EU readies reforms to energy treaty as climate criticisms mount
'Forgotten workhorse' hydropower needs government support, energy leaders say
Governments must provide incentives to help drive investment in hydropower as the "forgotten workhorse" if the world is to meet pledges to cut emissions and combat climate change, energy agencies say.
Climate could pay the price as Europe's nuclear plants age
Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe's ageing reactors, raising the risk of higher carbon emissions as fossil fuels plug the gap.
Energy efficiency progress falters amid pandemic: IEA
Global progress toward energy efficiency has slowed to its lowest rate in 10 years due to subdued prices amid the COVID-19 pandemic, the International Energy Agency says, dealing a setback to efforts to curb climate change.
EU carbon market's free handouts are impeding climate action, auditors say
The European Union should change the way it hands out free pollution permits in the bloc's carbon market, which is failing to bring about deep cuts in emissions.
Amazon and other large ecosystems at risk of rapid collapse: Study
Large ecosystems such as the Amazon rainforest and coral reefs could collapse faster than scientists had previously assumed, according to a study published on Tuesday.