A plateau? Global CO2 emissions rose less than initially feared in 2022, says IEA

GS Paper 3  Syllabus: Environment, Conservation, Pollution   Source: DTE   Context: According to the IEA’s ‘CO2 Emissions in 2022’ report, global energy-related carbon dioxide (CO2) emissions rose by under 1% in 2022.   Background: The report is the first in a new series, the Global Energy Transitions Stocktake, which will bring together the IEA’s …

Green steel

GS Paper 1 Syllabus: Geography/ Environment/ Science and Steel   Source: DTE Context: Intergovernmental organisation International Energy Agency has released a document saying that most net-zero emission (NZE) routes for steel and cement production are not yet commercially available including for ‘green steel’   What is Green Steel? Green Steel is the manufacturing of steel using renewable or low-carbon energy …

International Energy Agency (IEA) and Electricity Market Report:

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: The early 2022 edition of the Agency’s bi-annual Electricity Market Report has been published.   Highlights of the report: Nations are largely turning to fossil fuels to meet the increase in electricity demand as Covid-19 lockdown restrictions are lifting. …

International Energy Agency (IEA):

GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate.   Context: The International Energy Agency (IEA) has invited India, the world’s third-largest energy consumer, to become its full-time member.   Implications: The proposal if accepted will require New Delhi to raise strategic oil reserves to 90 days requirement. India’s current strategic …

International Energy Agency (IEA)

Topics Covered: Important international institutions. International Energy Agency (IEA) What to study? For Prelims: IEA- objectives, functions, reports and members. For Mains: Significance and its role in ensuring energy security.  Context: IEA has made some observations about the impact of global lockdown on oil demands across the world. Key observations: The price of crude has …