China and France today reaffirmed their commitment to the Paris Agreement and called for worldwide action on combating climate change and halting the loss of biodiversity.

Renewable energy resources have accounted for 46% of Turkey's electricity generation so far this year, Energy and Natural Resources Minister Fatih Dönmez said Tuesday.

Global demand for energy is forecast to increase from nearly 286 million barrels of oil equivalent a day (mboe/d) in 2018 to more than 357 mboe/d in 2040, with average growth of about 1% p.a. In this period, energy demand in non-OECD countries is expected to increase by almost 75 mboe/d, while demand in the OECD is estimated to drop by around 3 mboe/d.

Current geopolitics, rife with politicization, trade wars and sanctions, will make sustainable energy goals "extremely difficult," said Eirik Waerness, Equinor's senior vice president and chief economist.

U.S. carbon dioxide emissions had fallen by 14% between 2005 and 2017

To reduce net emissions of carbon to zero, the world would have to eradicate the equivalent of 53.5 billion metric tons of carbon dioxide a year

Renewable energy must join forces with nuclear to secure a low-carbon future

Offshore wind power capacity is set to increase by at least 15-fold worldwide by 2040, becoming a $1 trillion business.

Globally, nuclear power is a leading source of clean electricity today - second only to hydro - but many nuclear power plants in advanced economies are facing retirement as they approach the end of their original 40-year design lifetime, Birol said. Without additional lifetime extensions or new projects, nuclear capacity in advanced economies - primarily in the USA, the EU and Japan - would decline by two-thirds by 2040, substantially as a result of political issues and inadequate market design, he added.

the world’s total renewable-based power capacity will grow by 50% between 2019 and 2024. This increase of 1,200 gigawatts – equivalent to the current total power capacity of the United States

Global wind power could rise ten-fold reaching over 6000 GW by 2050. By midcentury, wind could cover one third of global power needs and – combined with electrification – deliver a quarter of the energy-related carbon emission reductions needed to meet the Paris climate targets. To reach this objective, onshore and offshore wind capacity will need to increase four-fold and ten-fold respectively every year compared to today.

As the IRENA Director-General Francesco La Camera said recently at the International Energy Forum in Riyadh, Saudi Arabia: “It is perfectly possible to generate sufficient cheap, reliable energy from renewable sources. Not only is it possible, but it is also our best option, as it would bring higher socio-economic benefits than business as usual, and it would allow us to effectively address climate change.”

Colombia has awarded contracts for wind and solar projects worth about $2.2 billion, the government said on Tuesday, as part of its efforts to boost renewable energy generation in the Andean country.

“I’m worried about the decline of nuclear in the energy mix if governments don’t change their policies,” Birol said referring to new capacity and lifespan extensions.

UAE is the leading Arab investor in the US, while noting that the value of the non-oil trade doubled over the past decade, reaching some AED90 billion (US$24.5 billion) in 2018, and explaining that the UAE trades with almost all US states, especially Washington, California, Texas, Florida and New York.