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After years of similar growth patterns, heat pump sales surpassed those of gas furnaces in the US last year, according to the International Energy Agency
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Without clean energy, the growth in carbon emissions would have been three times higher
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However, the year also saw record production levels for renewables – the report has found
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That’s as many countries impose bans on fossil fuels, a report suggests
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Global carbon dioxide emissions from energy are predicted to soar by 300 megatonnes this year, the International Energy Agency suggests
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The IEA estimates reducing financing costs by 2% would bring down the investment needed to reach net zero emissions in emerging and developing economies by $16tn until 2050
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The country will require $8bn a year in investment to hit net zero – and is calling on other countries to help mobilise these funds
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The IEA suggests there will be a global demand for eight billion tonnes of coal to produce power this year
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They are hopeful the talks lead to better collaboration and quicker production times
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China holds currently almost 80% share in all the key manufacturing stages of solar panels, according to a report
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Methane is causing global warming more than scientists previously estimated, new research claims
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Global energy investment is set to increase by 8% this year, the energy forum has estimated
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