'Boom and bust': Are coal and oil on the brink of permanent decline?

Cecilia Keating
clock • 9 min read
'Boom and bust': Are coal and oil on the brink of permanent decline?

Two reports out this week have highlighted how developments across 2021 are set to catalyse policy and technological trends that could catalyse the retreat of fossil fuels across the global energy system

At times the fossil fuel economy can seem indefatigable. The latest figures from the International Energy Agency (IEA) have highlighted how greenhouse gas emissions were higher than ever before in 2021,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'Constant energy source beneath our feet': Pioneering geothermal power plant opens in Cornwall

'Constant energy source beneath our feet': Pioneering geothermal power plant opens in Cornwall

United Downs power plant in Cornwall is the first in the UK to generate electricity from subsurface heat and produce lithium for use in car batteries

clock 26 February 2026 • 4 min read
Smart home energy appliances need a smart market

Smart home energy appliances need a smart market

Smart appliances can and should be smart by default, enabling consumers to benefit from their devices without having to actively manage them, writes Murat Omercik from ADE: Demand

Murat Omercik, ADE: Demand
clock 26 February 2026 • 3 min read
ONS: UK's low carbon and clean energy sectors generate record revenues of £77bn in 2024

ONS: UK's low carbon and clean energy sectors generate record revenues of £77bn in 2024

Impressive growth in turnover and employment continues across the UK's low carbon and renewable energy industries, latest Office for National Statistics data confirms

Michael Holder
clock 25 February 2026 • 6 min read