ENERGY

By Tsvetana Paraskova of OilPrice.com

The Iran-aligned Houthis have agreed to allow salvage crews including rescue ships and tugboats to access an oil tanker that the Houthis hit with a missile in the Red Sea earlier this month.

“Several countries have reached out to ask Ansarullah (the Houthis), requesting a temporary truce for the entry of tugboats and rescue ships into the incident area," Iran’s mission to the United Nations in New York said, as carried by Reuters. (more…)

Authored by Ross Pomeroy via RealClearScience,

At the dawn of the millennium, Germany launched an ambitious plan to transition to renewable energy. “Die Energiewende” initiated a massive expansion of solar and wind power, resulting in a commendable 25 percent reduction in carbon emissions by 2022 compared to (more…)

Despite many nations transitioning away from fossil fuels, in 2023, world coal consumption reached a staggering 164 exajoules (EJ) of energy, a record high for any year. 

For this graphic, Visual Capitalist's Alan Kennedy has partnered with Range ETFs to explore the role coal plays in the global energy mix and determine which regions still consume large quantities of coal. 

The Role of Coal in Global Energy

Coal is a significant player in the global energy mix, (more…)