Global oil and gas demand is projected to keep rising through 2050 under nations' current policies despite growth in renewables and electric cars, the International Energy Agency said.
Why it matters:IEA's latest World Energy Outlook — released early Wednesday — could influence policymakers, C-suites, investors, academics and anyone else trying to understand where the energy mix might head.
California Gov. Gavin Newsom (D) criticized President Trump at COP30 on Tuesday for being absent from the UN summit in Belém, Brazil, and called his rejection of climate policy an "abomination."
The big picture: Newsom, who's expected to run for president in 2028, said during a ministerial meeting that he's "very mindful that the Trump administration has abandoned any sense of duty, responsibility or leadership as it relates to the issues that bring us all here together" at COP30.
