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There’s a New Forecast for Peak Oil Demand. It’s Increasingly Cloudy.

The International Energy Agency once projected that oil and gas demand could level off by 2030. Now it’s backing off, sort of.

© Alexander Manzyuk/Reuters

Pump jacks in Russia in 2023. The energy agency’s reports are influential and often cited by energy companies and investors as a basis for long-term planning.
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At COP30 in Belém, Brazil, Chinese Technology Is Shifting Climate Politics

At this year’s climate summit, the United States is out and Europe is struggling. But emerging countries are embracing renewable energy thanks to a glut of cheap equipment.

© Saumya Khandelwal for The New York Times

A solar farm near Kayathar in southern India. The country can now meet half of its electricity demand with wind, solar, and hydropower.
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