Global Issues
News headlines for “Energy Security”, page 33
When Will Countries Ever Learn how Well to do Fuel Subsidy Reforms?
- Inter Press Service
WASHINGTON DC, Jan 28 (IPS) - Consider the situation. Faced with growing fiscal stress, the government of an energy exporting country decides to cut generous subsidies, doubling the fuel price overnight.
Renewables Are Cheaper Than Ever - So Why Are Household Energy Bills Only Going up?
- Inter Press Service
Jan 19 (IPS) - Not for the first time, global energy markets are in turmoil. Internationally traded gas prices more than quadrupled in 2021. In their wake, many energy suppliers have gone bust and household bills across Europe are set to soar. Energy prices are driving up the cost of living and inflation, but this is also a moment to realise the old saying: “never waste a good crisis”.
Why Does Yangtze River Have its Own Protection Law?
- Inter Press Service
AUSTRALIA, Jan 03 (IPS) - The new Yangtze River Protection Law (YRPL), which came into effect on March 1, 2021, is China’s first legislation on a specific river basin. The Yangtze River is China’s longest and largest river system, stretching over 6,300 kilometres and has over 700 tributaries. With a drainage basin covering more than 1.8 million square kilometres, approximately one-fifth of China’s total land area, the river basin is home to over 40% of the country’s population.
Green Gas: Energy as a By-Product of Sugarcane in Brazil
- Inter Press Service
NARANDIBA, Brazil, Dec 20 (IPS) - First came sugar. For four centuries, it was the main sugarcane product in Brazil. But since the 1970s sugarcane has grown and diversified as a source of energy: ethanol, electricity and biogas.
Energy Inequality in Latin America Exacerbated by Pandemic, High Prices
- Inter Press Service
MEXICO CITY, Dec 15 (IPS) - The effects of the covid-19 pandemic and high energy prices have had an impact on the consumption of polluting fuels in Latin America and the Caribbean, exacerbating energy poverty in the region.
‘Great Mining Migration’: Power-Hungry Bitcoin Leaves China
- Inter Press Service
LONDON, Dec 10 (IPS) - On 14 April this year, the price of a single Bitcoin reached a then all-time-high of around US$64,870. Just over a month later, the price of the world’s most popular digital currency had tumbled to $34,259.
Climate Change: Adapt for the Future, Not the Past
- Inter Press Service
SYDNEY and KUALA LUMPUR, Dec 07 (IPS) - Funding for developing countries to address global warming is grossly inadequate. Very little finance is for adaptation to climate change, the urgent need of countries most adversely affected. Also, adaptation needs to be forward-looking rather than only addressing accumulated problems.
Clean Energy Alone Won’t Uplift Impoverished Nations — We Must Invest in People
- Inter Press Service
Dec 02 (IPS) - Last month, at the COP 26 climate conference in Glasgow, a consortium of philanthropies, led by The Rockefeller Foundation, announced a massive program to fund renewable electricity projects for impoverished people in developing countries.
Profiting from the Carbon Offset Distraction
- Inter Press Service
SYDNEY and KUALA LUMPUR, Nov 30 (IPS) - Carbon offset markets allow the rich to emit as financial intermediaries profit. By fostering the fiction that others can be paid to cut greenhouse gases (GHGs) instead, it undermines efforts to do so.
Politicians Subsidise Fossil Fuel with Six Trillion Dollars in Just One Year
- Inter Press Service
MADRID, Nov 16 (IPS) - It sounds incredible: while politicians have been cackling about the climate emergency and profiling in empty promises to halt it, they have spent six trillion US dollars from taxpayers' money to subsidise fossil fuels in just one year: 2020. And they are set to increase the figure to nearly seven trillion by 2025.
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