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Data: IEA; Chart: Axios Visuals

Improvements in energy efficiency on a global basis have slowed to their lowest level in a decade, the International Energy Agency said in a new analysis.

Why it matters: The slowdown is another headwind in the fight against climate change, the agency warned.

And the same analysis finds that the pandemic is cutting investments in more efficient buildings, vehicles and equipment.

Where it stands: The chart above shows trends in energy intensity, or energy consumed per unit of activity.

Threat level: IEA called the slowdown "especially worrying" because efficiency gains provide 40% of the emissions cuts over the next 20 years in their "sustainable development" case.

That's a long-term model of an energy system consistent with the aims of the Paris climate deal.

Go deeper

Ben Geman, author of Generate
Jan 27, 2021 - Politics & Policy

Biden to sign major climate orders, setting up clash with oil industry

Illustration: Aïda Amer/Axios

President Biden will sign new executive actions today that provide the clearest signs yet of his climate plans — elevating the issue to a national security priority and kicking off an intense battle with the oil industry.

Driving the news: One move will freeze issuance of new oil-and-gas leases on public lands and waters "to the extent possible," per a White House summary.

CNN fires Chris Cuomo

Photo: Kevin Mazur/Getty Images for CNN

CNN said Saturday evening it has fired one of its star anchors, Chris Cuomo, following new revelations from a legal review made by the company into Cuomo's involvement in the management of his brother's sexual harassment scandal.

Why it matters: Saturday's firing speaks to how much pressure CNN was under by employees and critics to address Cuomo's behavior.

Updated 2 hours ago - Energy & Environment

Electric car prices could go up before they come down

Illustration: Eniola Odetunde/Axios

The secret to affordable electric vehicles is cheaper batteries. But after years of falling prices, battery costs are now headed in the wrong direction.

Why it matters: Costlier batteries could drive up the price of electric vehicles — threatening the auto industry's transition away from fossil fuels, and, in turn, society's fight against climate change.

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