'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

How mine water could warm up the UK's forgotten coal towns

How mine water could warm up the UK's forgotten coal towns

Funding gaps, regulatory red tape and a shortage of skilled workers are stalling the UK's mine-water heating projects, according to the University of Manchester's Jingyi Li, Alejandro Gallego Schmid and Cathy Hollis

Jingyi Li, Alejandro Gallego Schmid and Cathy Hollis, University of Manchester
clock 16 April 2025 • 5 min read
NESO: Britain's electricity demand could fall below Covid lockdown levels this summer

NESO: Britain's electricity demand could fall below Covid lockdown levels this summer

National Energy System Operator says efforts to boost grid flexibility mean it is well placed to manage record low electricity demand and potentially deliver periods of fossil-free generation

James Murray
clock 16 April 2025 • 5 min read
Are global emissions about to enter 'structural decline' for the first time?

Are global emissions about to enter 'structural decline' for the first time?

Latest BloombergNEF outlook predicts that under a base case scenario renewables generation is set to jump by a massive 84 per cent by 2030

James Murray
clock 15 April 2025 • 9 min read