International Energy Agency Predicts Oil Demand Has Officially Peaked

International Energy Agency Predicts Oil Demand Has Officially Peaked

new report from the International Energy Agency (IEA) predicts that gasoline demand will never return to pre-pandemic levels. The IEA tracks EV industry growth as an indicator of future oil demand, and their five-year forecast says that an accelerating shift toward EVs and increasing fuel efficiency among gas-powered vehicles will outweigh demand growth from developing nations. 

Why This Matters: While there won’t necessarily be a lack of supply, the report states, the lack of demand may lead to a winding down of oil operations entirely.

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A Green Energy Future Must Be an Inclusive One

A Green Energy Future Must Be an Inclusive One

by Julia Fine, ODP Contributing Writer A transition to renewable energy in America will have a multiplier effect beyond merely reducing our emissions. . As Jennie Stephens, a Professor at Northeastern University, told Yale Climate Connections, this transition can also create positive social change in other arenas. In her words, “We really need to think […]

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Talking Renewable Energy with Cloverly Co-Founder Dave Folk

Talking Renewable Energy with Cloverly Co-Founder Dave Folk

Dave Folk is the co-founder of a company called Cloverly which calculates the carbon impact of common internet activities — like e-commerce shipments, rideshare, and on-demand deliveries — and then purchases carbon offsets to make those activities carbon neutral. Cloverly shows the buyer, in real time, the source of the offset and through its algorithm […]

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