The International Renewable Energy Agency reports that, in some cases, new renewable power generation capacity has electricity costs lower than the cheapest source of new fossil fuel‑fired capacity.
Oil prices are likely to keep rising toward $100 a barrel while a cool-off in commodity prices won’t last, leaders of key firms said at the Qatar Economic Forum on Tuesday.
A 457-member group of investors, representing an estimated 37% of all global assets under management, joined a coalition of CEOs in demanding the world’s richest nations set more ambitious emissions cut targets.