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Shift fossil fuel subsidies to back clean tech: IEA

Reuters

Fossil fuel subsidies worth $312 billion should be realigned to ensure the growth of renewable energy and curb the world's reliance on carbon-intensive fuels, the International Energy Agency said in a report.

Demand for fossil fuels is outstripping the deployment of cleaner technologies. Renewable energy has seen growth rates of 30 percent to 40 percent over recent years but coal has met 47 percent of global new electricity demand over the past decade, the IEA said in its "Clean Energy Progress Report" (PDF) today.

To change this, the IEA suggests realigning fossil fuel subsidies to support clean … Read more

IEA: To promote efficiency, cut fossil fuel subsidies

The International Energy Agency on Monday published an analysis that found subsidies for fossil fuels are higher than previously thought. Cutting subsidies would encourage energy efficiency and low-carbon fuels, it said.

The amount of money paid to subsidize fossil fuels around the world was $557 billion in 2008, which is up from $342 billion in the previous year. The key findings on fossil fuel subsidies (click for PDF) were published in advance of the IEA's annual World Energy Outlook report, which is due in November.

The IEA, which gathers energy industry data, recommended that governments set up programs to … Read more

Energy costs to soar if no carbon deal, agency says

Reuters

The world faces a surge in energy costs, as well as in planet-warming carbon emissions, unless it can swiftly agree a climate change deal, the International Energy Agency said Tuesday.

Arguing strongly for a global deal at the U.N. Climate Change summit in Copenhagen in December, the IEA said use of fossil fuels will increase quickly if policies remained unchanged.

Without an international agreement on climate change, the ratio of energy spending to gross domestic product for the largest consumer countries would double by 2030.

The world would have to spend an extra $500 billion to cut carbon emissions … Read more

Apple remote control for third-party headphones

Update: The following post has been updated with pricing and corrected to reflect the fact that the adapter does not promise compatibility with Apple's iPhone.

For those who can't wait for headphone manufacturers to incorporate iPod remote control units, help is on hand with the iLuv iEA15 adapter.

The iEA15 is an in-line remote that's compatible with recent iPod models, including the third-generation iPod Shuffle, and doesn't have any physical buttons on the unit. The in-line remote supports the VoiceOver feature found on the Shuffle, as well, but what makes this interesting is that it lets … Read more

IEA: Little gadgets consume gigawatts of power

Without more efficient consumer electronics, the world will need to build hundreds of gigawatts worth of new power plants to run the exploding number of electronic gadgets, according to the International Energy Agency.

The Paris-based energy industry watchdog on Wednesday published its "Gadgets and Gigawatts" report, saying that consumer electronics already account for 15 percent of households' electricity bills and is rising rapidly.

Around the world, a growing number of people are acquiring electronics, from mobile phones to televisions, which means the total amount of electricity from electronics is poised to explode in the next two decades.

The … Read more

IEA: World's energy use is 'patently unsustainable'

The International Energy Agency raised the alarm Wednesday with the release of its annual report, emphasizing that a revolution in the energy business is required to maintain economic growth and stabilize greenhouse gas emissions.

The IEA's World Energy Outlook 2008 report, written for policymakers, paints a troubling picture in terms of energy costs and global warming due to burning fossil fuels. It calls for "radical action" from governments at all levels and for a coordinated international response.

"Current trends in energy supply and consumption are patently unsustainable--environmentally, economically and socially--they can and must be altered," … Read more

U.S. climate bill blocked, while IEA calls for action

Attempts to bring a global warming bill up for debate were blocked in the Senate on Friday, derailing what would have been the first federal U.S. climate change legislation.

According to published reports, Democrats fell short of the 60 votes necessary to end a Republican-led filibuster.

Debate on the Lieberman-Warner Climate Security Act of 2008 has focused on the cost of throttling carbon dioxide emissions.

"It's a huge tax increase," said Republican Senate leader Mitch McConnell, from the coal state of Kentucky, according to an Associated Press story. Trading carbon emissions allowances, McConnell said, would produce &… Read more