The world is on track for "irreversible and potentially catastrophic climate change" and global coal and oil use must peak before 2020 for a 50% chance of limiting warming to 2°C, says the International Energy Agency's latest World Energy Outlook.
A Senate report on a bill to prevent imports of illegally logged timber has proposed substantial changes, while a separate Senate report into wind farms has played it safe, reaching no firm conclusions.
Global investments in renewable energy will range between $1,264 billion and $4,740 billion over the next decade, according to an international report that describes scenarios in which renewables share of energy demand grows to between 27% and 77% by 2050.
