Tags: Energy

World’s reduced thirst for oil may be foiled by developing countries’ challenges

The International Energy Agency (IEA) predicted last month that the demand for energy is nearing its peak in 2026 for transport uses and 2028 for other uses. However, the fate of the world’s oil demands largely rests on the economies of developing countries. What are the prospects for oil demand? An IEA medium-term report released this year…

The US just banned most incandescent light bulbs, and few people even noticed

You can no longer buy most types of incandescent light bulbs in U.S. stores, after an energy efficiency rule from 2007 went into effect on Tuesday, 16 years later. The 2007 Energy Independence and Security Act, signed by former President George W. Bush, set up standards where light bulbs have to produce at least 45…