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International Energy Agency
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organisation, established in 1974, that provides policy recommendations, analysis and data on the entire global energy sector, with a recent focus on curbing carbon emissions and reaching global climate targets, including the Paris Agreement. The 31 member countries and 11 association countries of the IEA represent 75% of global energy demand. The IEA was set up under the framework of the Organisation for Economic Co-operation and Development (OECD) in the aftermath of the 1973 oil crisis to respond to physical disruptions in global oil supplies, provide data and statistics about the global oil market and energy sector, promote energy savings and conservation, and establish international technical collaboration on innovation and research. Since its founding, the IEA has also coordinated use of the oil reserves that its members are required to hold. In subsequent decades, the IEA's role expand ...
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Intergovernmental Organization
Globalization Globalization, or globalisation (English in the Commonwealth of Nations, Commonwealth English; American and British English spelling differences#-ise, -ize (-isation, -ization), see spelling differences), is the process of foreign relation ... is social change associated with increased connectivity among societies and their elements and the explosive evolution of transportation and telecommunication technologies to facilitate international cultural and economic exchange. The term is applied in various social, cultural, commercial and economic contexts. ''To browse the category, you may prefer to use the Globalization Category Tree.'' {{cmbox , text =''Note: Pages in this category should be moved to subcategories where applicable. This category may require frequent maintenance to avoid becoming too large. It should directly contain very few, if any, articles and should mainly contain subcategories.'' Global civilization Linear theories Politics by ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or ...
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Gulf War
The Gulf War was a 1990–1991 armed campaign waged by a Coalition of the Gulf War, 35-country military coalition in response to the Iraqi invasion of Kuwait. Spearheaded by the United States, the coalition's efforts against Ba'athist Iraq, Iraq were carried out in two key phases: Operation Desert Shield, which marked the military buildup from August 1990 to January 1991; and Operation Desert Storm, which began with the Gulf War air campaign, aerial bombing campaign against Iraq on 17 January 1991 and came to a close with the American-led Liberation of Kuwait campaign, Liberation of Kuwait on 28 February 1991. On 2 August 1990, Iraq invaded the neighbouring Kuwait, State of Kuwait and had fully occupied the country within two days. Initially, Iraq ran the occupied territory under a puppet government known as the "Republic of Kuwait" before proceeding with an outright annexation in which Kuwaiti sovereign territory was split, with the "Saddamiyat al-Mitla' District" being car ...
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Global Strategic Petroleum Reserves
Global strategic petroleum reserves (GSPR) refer to crude oil inventories (or stockpiles) held by the government of a particular country, as well as private industry, to safeguard the economy and help maintain national security during an energy crisis. Strategic reserves are intended to be used to cover short-term supply disruptions. In 2004, approximately of oil was held in strategic reserves by International Energy Agency member states, of which 1.4 billion is government-controlled and the remainder held by private industry. In February 2022, this amounted to close to two years' worth of net oil imports held in IEA member states' strategic petroleum reserves. The U.S. Strategic Petroleum Reserve has consistently held the largest strategic reserve. Some non-IEA countries have started work on their own strategic petroleum reserves. China has the largest of these new reserves. Global oil consumption is in the region of per day. The 4.1 billion barrels reserve held in 2004 woul ...
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OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are high-income economies with a very high Human Development Index (HDI), and are regarded as developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP ( Int$54.2 trillion) at purchasing power parity. The OECD is an official United Nations observer. In April 194 ...
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Agreement On An International Energy Program
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organisation, established in 1974, that provides policy recommendations, analysis and data on the entire global energy sector, with a recent focus on curbing carbon emissions and reaching global climate targets, including the Paris Agreement. The 31 member countries and 11 association countries of the IEA represent 75% of global energy demand. The IEA was set up under the framework of the Organisation for Economic Co-operation and Development (OECD) in the aftermath of the 1973 oil crisis to respond to physical disruptions in global oil supplies, provide data and statistics about the global oil market and energy sector, promote energy savings and conservation, and establish international technical collaboration on innovation and research. Since its founding, the IEA has also coordinated use of the oil reserves that its members are required to hold. In subsequent decades, the IEA's role expand ...
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World Energy Outlook
The annual ''World Energy Outlook'' is the International Energy Agency's flagship publication, widely recognised as the most authoritative source for global energy projections and analysis. It represents the leading source for medium to long-term energy market projections, extensive statistics, analysis and advice for both governments and the energy business. It is produced by the Office of the Chief Economist, presently under the direction of Dr. Fatih Birol. Using a Reference Scenario based on no change in current policies, it enables policy-makers to evaluate their current path. The WEO has also developed an alternative scenario that puts the global energy systems on a trajectory to stabilise greenhouse gas emissions in line with limiting the increase in temperature to 2°C. ''World Energy Outlook'' 2005 to 2011 In even-numbered years, WEO presents detailed projections of energy demand, production, trade and investment, fuel by fuel and region by region. The report also r ...
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Photovoltaics
Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commercially used for electricity generation and as photosensors. A photovoltaic system employs solar modules, each comprising a number of solar cells, which generate electrical power. PV installations may be ground-mounted, rooftop-mounted, wall-mounted or floating. The mount may be fixed or use a solar tracker to follow the sun across the sky. Photovoltaic technology helps to mitigate climate change because it emits much less carbon dioxide than fossil fuels. Solar PV has specific advantages as an energy source: once installed, its operation generates no pollution and no greenhouse gas emissions, it shows scalability in respect of power needs and silicon has large availability in the Earth's crust, although other materials required in PV sys ...
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Renewable Energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/ cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefo ...
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Carbon Neutrality
Carbon neutrality is a state of net-zero carbon dioxide emissions. This can be achieved by balancing emissions of carbon dioxide with its removal (often through carbon offsetting) or by eliminating emissions from society (the transition to the "post-carbon economy"). The term is used in the context of carbon dioxide-releasing processes associated with transportation, energy production, agriculture, and industry. Although the term "carbon neutral" is used, a carbon footprint also includes other greenhouse gases, measured in terms of their carbon dioxide equivalence. The term climate-neutral reflects the broader inclusiveness of other greenhouse gases in climate change, even if CO2 is the most abundant. The term "net zero" is increasingly used to describe a broader and more comprehensive commitment to decarbonization and climate action, moving beyond carbon neutrality by including more activities under the scope of indirect emissions, and often including a science-based target on ...
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Sustainable Energy
Energy is sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs". Most definitions of sustainable energy include considerations of environmental aspects such as greenhouse gas emissions and social and economic aspects such as energy poverty. Renewable energy sources such as wind, hydroelectric power, solar, and geothermal energy are generally far more sustainable than fossil fuel sources. However, some renewable energy projects, such as the clearing of forests to produce biofuels, can cause severe environmental damage. The role of non-renewable energy sources in sustainable energy has been controversial. Nuclear power is a low-carbon source whose historic mortality rates are comparable to wind and solar, but its sustainability has been debated because of concerns about radioactive waste, nuclear proliferation, and accidents. Switching from coal to natural gas has environmental benefits, includin ...
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Energy Transition
The energy transition is the process of downshifting fossil fuels and re-developing whole systems to operate on low carbon energy sources. More generally, an energy transition is a significant structural change in an energy system regarding supply and consumption. The current transition to sustainable energy is largely driven by a recognition that global greenhouse-gas emissions must be brought to zero. Since fossil fuels are the largest single source of carbon emissions, the quantity that can be produced is limited by the Paris Agreement of 2015 to keep global warming below 1.5 °C. Over 70% of our global greenhouse gas emissions result from the energy sector, for transport, heating, and industrial use. Wind power and solar photovoltaic systems (PV) have the greatest potential to mitigate climate change. Since the late 2010s, the renewable energy transition is also driven by the rapidly increasing competitiveness of both. Another motivation for the transition is to li ...
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