Quotes from the news wire:
This is a big ask, but it does not exaggerate the scale of what is needed, it is categorically not enough to just rely on gas from non-Russian sources — these supplies are simply not available in the volumes required to substitute for missing deliveries from Russia.
Found on CNN 2 years ago
Now we have an oil crisis, a gas crisis and an electricity crisis at the same time, this energy crisis is much bigger than the oil crises of the 1970s and 1980s. And it will probably last longer.
Found on CNN 2 years ago
This is a dire warning that the economic recovery from the Covid crisis is currently anything but sustainable for our climate.
Found on CNN 3 years ago
This is a dire warning that the economic recovery from the Covid crisis is currently anything but sustainable for our climate, unless governments around the world move rapidly to start cutting emissions, we are likely to face an even worse situation in 2022.
Found on CNN 3 years ago
It means lost jobs and economic opportunities today, as well as lost energy supply that we might well need tomorrow once the economy recovers.
Found on Reuters 4 years ago
The historic plunge in global energy investment is deeply troubling for many reasons, it means lost jobs and economic opportunities today, as well as lost energy supply that we might well need tomorrow once the economy recovers.
Found on Reuters 4 years ago
At the current pace in the oil market, we may well see around mid-June the global storage capacity can be full.
Found on Reuters 4 years ago
Given the number of deaths and the economic trauma around the world. This historic decline in global emissions is absolutely nothing to cheer.
Found on Reuters 4 years ago
It is crucial to avoid repeating the mistakes of the past. Although emissions fell as a result of the 2008 global financial crisis, they soon rebounded sharply. We must learn from that experience.
Found on Reuters 4 years ago
Putting clean energy at the heart of stimulus plans is an excellent strategy for revitalising economies while building a more secure and sustainable energy future, it is crucial to avoid repeating the mistakes of the past. Although emissions fell as a result of the 2008 global financial crisis, they soon rebounded sharply. We must learn from that experience.
Found on Reuters 4 years ago
We have the energy technologies to do this, and we have to make use of them all.
Found on Reuters 4 years ago
We now need to work hard to make sure that 2019 is remembered as a definitive peak in global emissions, not just another pause in growth, we have the energy technologies to do this, and we have to make use of them all.
Found on Reuters 4 years ago
The first immediate task for all parts of the industry is reducing the carbon footprint of their own operations.
Found on Reuters 4 years ago
To achieve this, it has to take advantage of the huge potential that solar, wind, hydropower, natural gas and energy efficiency offer.
Found on Reuters 5 years ago
Renewables are already the world's second largest source of electricity, but their deployment still needs to accelerate if we are to achieve long-term climate, air quality and energy access goals, as costs continue to fall, we have a growing incentive to ramp up the deployment of solar PV.
Found on Reuters 5 years ago
In the very short-term, the effect of those options are not very huge. We should think of options and work on them. They will not bring a major change in the current markets but will be helpful in the medium and longer term.
Found on Reuters 5 years ago
We are keeping a close eye on what is happening there. And if something happens we are ready to act quickly and decisively.
Found on Reuters 5 years ago
China is experiencing its slowest economic growth in the last three decades, so are some of the advanced economies ... if the global economy performs even poorer than we assume, then we may even look at our numbers once again in the next months to come.
Found on Reuters 5 years ago
Substantial amount of oil is coming from the United States, about 1.8 million barrels per day, plus oil from Iraq, Brazil and Libya.
Found on Reuters 5 years ago
This is a major concern for global energy security, for global oil security and for global energy markets, we are monitoring events very closely.
Found on Reuters 5 years ago
We have seen an extraordinary increase in global energy demand in 2018, growing at its fastest pace this decade, last year can also be considered another golden year for gas ... but despite major growth in renewables, global emissions are still rising, demonstrating once again that more urgent action is needed on all fronts.
Found on Reuters 5 years ago
The industry appears on track to achieve positive free cash flow for the first time ever this year, turning into a more mature and financially solid industry while production is growing at its fastest pace ever.
Found on Reuters 6 years ago
Such a decline in global investment for renewables and energy efficiency combined is worrying, this could threaten the expansion of clean energy needed to meet energy security, climate and clean air goals. While we would need this investment to go up rapidly, it is disappointing to find that it might be falling this year.
Found on Reuters 6 years ago
It was misleading to believe that there would be a huge amount of new Iranian crude and natural gas production entering market in the short term, it would take some time in terms of developing new oil fields, finding transmission routes and having the necessary market conditions.
Found on Reuters 8 years ago
The most important thing for Nepal is to bring electricity to its people, in my view, the best action for Nepal right now would be to take the cheapest option – renewable energy.
Found on Reuters 9 years ago
We have to think carefully about the oil security implications of a very few number of countries exporting a big chunk to the global markets alone.
Found on Reuters 9 years ago
Our expectation is to see prices gradually rising to $80 around 2020, we estimate this year investments in oil will decline more than 20 percent. But, perhaps even more importantly, this decline will continue next year as well.
Found on Reuters 9 years ago
Renewables are now a mainstream fuel and will be responsible for two-thirds of new power plants added in the next five years.
Found on Reuters 9 years ago
If it comes true, this will be the first time in two decades we will see oil investments declining for two consecutive years.
Found on Reuters 9 years ago
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