IEA: CO2 Emissions 15% Higher Without Natural Gas

A recent report from the International Energy Agency underscored the important role clean-burning natural gas is playing in the U.S. and around the world.

According to the Paris-based organization’s 2019 Global Energy and CO2 Status Report, global CO2 emissions could have been more than 15 percent higher in 2018 if it weren’t for the accelerating transition from coal to gas-fired power plants.

Despite growth in coal use, fuel switching between coal and gas accelerated in 2018, reducing the carbon intensity of global energy use. Driven by economics and policies, coal-to-gas switching avoided almost 60 Mt of coal demand, with

IEA: Still No Peak Oil in Sight

The U.S. became the world’s largest oil producer in 2018 and will emerge as a top oil exporter within the next five years, according to the International Energy Agency’s

Growth in global oil demand will likely ease over the next few years, but peak oil remains out of sight, the International Energy Agency said in its annual oil market forecast released Monday. The Paris-based organization said demand would grow at a more measured pace due weakening economic sentiment in many countries.

IEA also projected that the U.S. will emerge as a top oil exporter within the next five years, surpassing …