A surge in power use worldwide could make it harder for nations to slash emissions and keep global warming in check.
The country, along with India, is still building power stations that run on coal. Elsewhere, retirements of older plants have slowed.
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
The prediction, which has stirred controversy among oil producers, is a sign of a sweeping transformation in the global energy landscape.
The International Energy Agency (IEA) has released an updated road map this week for reaching zero greenhouse gas emissions by 2050. The new report emphasizes that solutions like carbon capture technology and carbon credits have not lived up to their p…
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