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Post-pandemic gas revival may threaten climate change targets
The International Energy Agency has warned that a post-pandemic revival in gas use could threaten climate change goals.
Methane emissions declined slightly in 2020 amid lower oil and gas production
The IEA says the sector's emissions need to drop by over 70 percent by 2030.
Investment in renewable energy drops as fossil fuel use rises
Global investment in renewable energy is on the decline, according to the International Energy Agency (IEA). The energy watchdog says there's a significant contradiction between the statements governments make regarding their attitudes to renewables, and the tangible action being taken. Investment fell by seven percent to $318bn last year.
Solar power is the fastest growing source of global energy
Solar power was the fastest-growing source of global energy last year, overtaking growth from all other forms, according to the International Energy Agency (IEA). The spurt is largely attributed to lower prices and changing government policies encouraging a shift away from traditional power sources, such as coal. China, for example, has played an important role in renewable energy's prominence, accounting for almost half of all new solar panels installed worldwide.