Post Tagged with: "Energy"
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IMF urges governments to reform energy subsidies
The report identifies key elements for subsidy reform including comprehensive reform of the energy sector, transparency in disseminating subsidy information and impact, appropriate phased price increases, institutional reforms to depoliticize energy pricing, improved efficiency of state-owned enterprises, and targeted measures to protect the poor.
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Who’s leading the low-carbon race?
The centre of clean energy gravity is fast shifting to Asia, with China taking the lead. In a new report developed by Australian think tank The Climate Institute and GE, China has improved its global low-carbon competitiveness index significantly.
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IEA predicts rise in coal’s share of global energy mix
Newly released International Energy Agency’s (IEA) predicts a rise in coal demand in every region of the world except in the U.S., where coal is being pushed out by natural gas. According to the report, the rise in the demand for coal will nearly surpass oil as the world’s top energy source by 2017.
