COVID-19 to cause record emissions fall in 2020: IEA

COVID-19 is expected to cause global energy emissions to fall a record eight percent this year due to an unprecedented drop in demand for coal, oil and gas, the International Energy Agency said Thursday.

Pandemic cuts both ways for climate change

COVID-19 has overshadowed the climate crisis as governments scramble to protect the health of citizens without cratering their economies, but the pandemic could still open a fast-track pathway -– albeit a narrow one—to ...

Bailout or subsidy: Oil in the age of pandemic

COVID-19 is disrupting all sectors of the global economy, and the energy sector is far from immune. As economic activity slows precipitously on its way to catastrophically, the fossil energy sector that drives part of that ...

Report: Outbreak triggers drop in climate-changing emissions

Despite mocking the idea of climate change, President Donald Trump will preside over one of the country's sharpest drops in climate-damaging emissions on record, as the economic paralysis from the coronavirus tamps down energy ...

Extreme weather could bring next recession

Physical climate risk from extreme weather events remains unaccounted for in financial markets. Without better knowledge of the risk, the average energy investor can only hope that the next extreme event won't trigger a sudden ...

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