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Energy & Environment
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Energy & Environment
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World can triple renewable power, but push is needed: IEA
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The world can achieve a goal set by nations last year to triple renewable power by the end of the decade, but it will take work to get there, according to a report from the International Energy Agency (IEA).
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© David Paul Morris/Bloomberg via Getty Images
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The new IEA report said Tuesday that nations could achieve the commitments made during the COP28 summit in Dubai if they can clear regulatory bottlenecks and modernize the grid.
The report said that tripling renewables and doubling efficiency targets could cut global emissions by 10 billion tonnes by the end of the decade and bring the world two-thirds of the way to meeting the goals of the Paris Agreement.
It also said it would keep the path open to reaching net-zero by 2050 and keep a “slim but difficult” chance of limiting warming to 1.5 degrees Celsius alive.
“As this new IEA report shows, the COP28 energy goals should lay the foundation for countries’ new climate targets under the Paris Agreement – they are the North Star for what the energy sector needs to do,” IEA Executive Director Fatih Birol said.
“And further international cooperation is vital to deliver fit-for-purpose grids, sufficient energy storage and faster electrification, which are integral to move clean energy transitions quickly and securely.”
Read more at TheHill.com.
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Welcome to The Hill’s Energy & Environment newsletter, we’re Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains.
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Did someone forward you this newsletter? Subscribe here.
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How policy will affect the energy and environment sectors now and in the future:
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Senior Interior official violated ethics regulations by holding prohibited stock: Internal watchdog
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The No. 2 official at the Bureau of Land Management violated ethics regulations by holding a prohibited stock during her service, according to an internal government watchdog.
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22 states want to employ 1 million people in climate apprenticeships by 2035
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Governors of 22 states and two U.S. territories say they want to get 1 million people to complete apprenticeships related to low-carbon energy or other climate-friendly jobs by 2035.
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Biden touts economic impact of green policies in New York
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President Biden touted his administration’s record on climate and renewable energy in remarks Tuesday evening at Climate Week in New York.
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Branch out with a different read from The Hill:
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Californians who steal water from rivers will soon be subject to much steeper fines
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Californians will soon be subject to a sharp rise in punitive fines for illegal diversions of water resources, after Gov. Gavin Newsom (D) signed a bill into law this weekend. Newsom on Sunday …
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News we’ve flagged from other outlets touching on energy issues, the environment and other topics:
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The U.S. Has a Methane Problem. A.I. Is Making It Worse. (The New Republic)
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EVs are cleaner than gas cars, but a growing share of Americans don’t believe it (NPR)
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Why aren’t tribal nations installing more green energy? Blame ‘white tape.’ (Grist)
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Two key stories on The Hill right now:
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Supreme Court allows Missouri to execute Marcellus Williams
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The Supreme Court refused to block Missouri from executing Marcellus Williams on Tuesday amid questions about the jury selection process and key evidence used in convicting him of murder in 2001. Read more
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Chutkan rebuffs Trump effort to upend Jan. 6 case schedule
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U.S. District Judge Tanya Chutkan on Tuesday rebuffed a request from former President Trump asking her to upend previously set deadlines and bar a lengthy filing from special counsel Jack Smith. Read more
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You’re all caught up. See you tomorrow!
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Check out The Hill’s Energy & Environment page for the latest coverage.
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