OPEC released its 2024 World Oil Outlook on Thursday, forecasting a 19 percent rise in global oil demand by 2050—driven by population growth, urbanization, and soaring power needs, particularly from AI and industrial expansion in developing nations. The group projects oil demand will increase from 103.7 million barrels per day (bpd) in 2024 to 123 million bpd by 2050.
Wisconsin communities have reported saving over $17 million and cutting 40 million kilowatt hours of energy use through local renewable energy projects, but inconsistent reporting statewide makes it difficult to evaluate the full impact, according to a new analysis from Wisconsin Policy Forum.
Former California Governor Arnold Schwarzenegger delivered a blunt message to environmentalists frustrated with President Donald Trump’s energy agenda: stop complaining and start acting. Speaking at the Austrian World Summit in Vienna, Schwarzenegger urged climate activists to focus on practical, local-level solutions rather than despairing over federal policy.
Pennsylvania lawmakers advanced Gov. Josh Shapiro’s plan to require 35% of electricity generation from renewable sources within a decade, a key part of his "Lightning Plan." The measure, formally known as the Pennsylvania Reliable Energy Sustainability Standard (PRESS), passed the House Environmental Committee on Monday with a 14-12 vote along strict party lines—no Republicans supported the bill, while all Democrats backed it.
Spain is rapidly increasing its reliance on natural gas following a massive blackout that exposed the vulnerabilities of its renewable-heavy power grid.
After more than a year of broken promises and mounting frustration, Washington state farmers are finally exempt from fuel taxes tied to the Climate Commitment Act (CCA). On Thursday, Governor Bob Ferguson signed Engrossed Second Substitute House Bill 1912 (ESSHB 1912) into law, fulfilling long-delayed exemptions for agricultural producers.
As Republican lawmakers debate how to finance the extension of President Donald Trump’s tax cuts, fiscal and energy policy organizations are urging them to eliminate costly green energy subsidies.
