International
World risks more years of high energy prices, emissions: IEA
AFP
The world faces more years of high energy prices and emissions unless the electricity sector changes faster after demand hit a record last year, the International Energy Agency said Friday.
The economic recovery from the Covid pandemic, combined with unusual weather conditions, caused electricity demand to jump by more than six percent in 2021, the largest increase since 2010, the IEA said.
In absolute terms, the increase of more than 1,500 terawatt-hours was the largest ever, the Paris-based agency said in its semi-annual Electricity Market Report.
This pushed prices to unprecedented levels while emissions from the electricity sector rose by seven percent in 2021 — an all-time high after having decreased the previous two years, the IEA said.
While renewable power experienced “impressive growth”, electricity generation from coal and natural gas hit record levels, the report found.
“In the absence of faster structural change in the sector, rising demand over the next three years could result in additional market volatility and continued high emissions,” the IEA said.
IEA executive director Fatih Birol said emissions from electricity must fall by 55 percent by 2030 if the world is to meet a target of net-zero carbon emissions by 2050.
“But in the absence of major policy action from governments, those emissions are set to remain around the same level for the next three years,” Birol said in a statement.
“Not only does this highlight how far off track we currently are from a pathway to net zero emissions by 2050, but it also underscores the massive changes needed for the electricity sector to fulfil its critical role in decarbonising the broader energy system.”
Birol also warned that high electricity prices “have been causing hardship for many households and businesses around the world and risk becoming a driver of social and political tensions.”
China accounted for around half of the global growth in electricity demand last year. The country experienced power cuts due to coal shortages — a problem also encountered by India.
International
Armed forces target illegal mines in Northern Ecuador with bombing raids
Ecuador’s Armed Forces carried out an operation on Monday — including airstrikes — against illegal mining in the town of Buenos Aires, in the country’s north, Defense Minister Gian Carlo Loffredo reported.
The mountainous, gold-rich area has been a hotspot for illegal mining since 2017, located in the Andean province of Imbabura.
In 2019, former president Lenín Moreno deployed around 2,400 soldiers to the region in an attempt to curb the illegal activity. “The operation began with mortar fire, followed by gunfire and bombing runs by Supertucano aircraft,” Loffredo said in a video released by the Defense Ministry.
He added that the operation would continue on Tuesday with patrols across the area to locate possible members of “irregular armed groups that may have crossed from the Colombian border.”
The Armed Forces stated on X that the intervention focused on the “complete elimination of multiple illegal mining tunnels” in the areas known as Mina Nueva and Mina Vieja.
The operation coincided with the deployment of a military and police convoy into Imbabura, which has been the epicenter of protests against President Daniel Noboa since September 22, following his decision to scrap the diesel subsidy.
International
Caracas shuts embassy in Oslo without explanation following Machado’s Nobel win
Venezuela has announced the closure of its embassy in Norway, just days after opposition leader María Corina Machado was awarded the Nobel Peace Prize. The Norwegian Ministry of Foreign Affairs said the Venezuelan diplomatic mission provided no explanation for its decision on Monday.
“It is regrettable,” a ministry spokesperson said. “Despite our differences on several issues, Norway wishes to keep the dialogue with Venezuela open and will continue to work in that direction.” The ministry also emphasized that the Nobel Committee operates entirely independently from the Norwegian government.
In its announcement, the Nobel Committee stated that Machado met the criteria established by Alfred Nobel, “embodying the hope for a different future, where the fundamental rights of Venezuelans are heard.”
International
Sheinbaum: Urgent to restore access to towns cut off by heavy rains
Thousands of military personnel and civilians in Mexico worked tirelessly on Tuesday to clear roads blocked by the torrential rains of recent days, which have left more than 300 communities cut off across central and eastern regions of the country. Authorities also launched mass fumigation efforts in several affected areas to prevent the spread of dengue fever.
The official death toll remains at 64, though dozens of people are still missing. President Claudia Sheinbaumacknowledged that the government does not yet know the full situation in many of the isolated villages, which range in population from 500 to 1,000 inhabitants.
“The reopening of roads is one of the greatest urgencies,” Sheinbaum said. “It’s essential to guarantee air bridges, food supplies, clean water, and a proper census of the isolated communities so we can determine the condition of every person living there.”
Private construction companies are also assisting the effort with heavy machinery and technical support to help reopen highways and reconnect rural areas.
Armed forces target illegal mines in Northern Ecuador with bombing raids
Caracas shuts embassy in Oslo without explanation following Machado’s Nobel win
Sheinbaum: Urgent to restore access to towns cut off by heavy rains
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Extension of the state of emergency approved in southern Chile
-
International2 days agoMexico reports 64 dead, 65 missing after devastating central region floods
-
Central America2 days agoGuatemala arrests first escaped gang member after Barrio 18 prison break
-
International5 days agoMaría Corina Machado calls 2025 Nobel Peace prize a victory for venezuelan people
-
International2 days agoVenezuela calls for continued global pressure to secure ‘just peace’ for Palestine
-
International2 days agoPope Leo XIV to skip COP30 in Brazil but plans future visit, Lula confirms
-
International5 days agoNetanyahu says Trump deserved 2025 Nobel Peace prize
-
International4 days agoPeruvian president Jerí leads prison raids to tackle organized crime
-
International4 days agoVenezuela launches ‘Independence 200’ defense plan amid U.S. naval presence
-
Central America3 days agoFraijanes II prison in Guatemala reports gradual escape of 18th Street gang inmates
-
International18 hours agoSheinbaum: Urgent to restore access to towns cut off by heavy rains
-
International3 days agoHeavy rains leave dozens dead in Hidalgo, Puebla, and Veracruz
-
International18 hours agoArmed forces target illegal mines in Northern Ecuador with bombing raids
-
International18 hours agoVenezuelan media faces fresh restrictions after reporting on opposition leader’s Nobel win
-
International18 hours agoCaracas shuts embassy in Oslo without explanation following Machado’s Nobel win