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Countries’ Renewable Energy Plans Fall Short of Target, Says IRENA

(Reuters) – Governments’ targets and plans to speed up the use of renewable energy are set to deliver only half of the growth needed to reach a U.N. climate goal to triple capacity by 2030, a report by the International Renewable Energy Agency (IRENA) showed. WHY IT’S IMPORTANT The renewable energy goal set at the COP28 …

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Oil Heads for Weekly Climb on Potential Mideast Supply Disruption

(Reuters) – Oil prices softened on Friday but were set for a second weekly gain as investors weighed the impact of hurricane damage on U.S. demand against any broad supply disruption if Israel attacks Iranian oil sites. Brent crude oil futures fell 60 cents, or 0.8%, to $78.80 a barrel by 0957 GMT. U.S. West …

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