Energy agency: 10 steps would save 2.7M barrels of oil a day
CTV
The International Energy Agency says the world could quickly reduce global oil demand by 2.7 million barrels a day by cutting down on car and plane travel, helping easing the supply crunch caused by Russia's invasion of Ukraine.
The Paris-based agency said in a report released Friday that "practical actions by governments and citizens" could significantly reduce oil demand, make fuel cheaper for consumers, shrink Russia's hydrocarbon revenue and boost efforts to reduce greenhouse gas emissions.
The IEA said its 10-point plan could, if fully implemented in advanced economies, cut oil demand by the same amount as all the cars in China within four months.
It urged the countries to adopt the measures in time for the annual peak demand season of July and August.
"As a result of Russia's appalling aggression against Ukraine, the world may well be facing its biggest oil supply shock in decades, with huge implications for our economies and societies," said the IEA's executive director, Fatih Birol.
Hawaii suffered its worst flooding in more than 20 years as heavy rains fell on soil already saturated by downpours from a winter storm a week ago, officials said Friday while warning that still more rain was expected during the weekend.
While Canada is well known for its accomplishments in space — including building the robotic arms used on the Space Shuttle and the International Space Station — the country still has no ability to launch its own satellites. This week, Ottawa committed nearly a quarter‑billion dollars towards changing that.
March is Liver Health Month, and while many people think about alcohol and diet when it comes to liver health, a growing risk factor is chronic hepatitis B.
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A social media post from the U.S. Food and Drug Administration this week shows a big-eyed macaque staring out from behind bars.
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Tyson Atleo, a hereditary leader of the Ahousaht First Nation, says the creation of three new forestry areas to be managed by his community and two others on the west coast of Vancouver Island marks the realization of a long-standing promise.
As artificial intelligence continues to reshape industries worldwide, Canadian universities are emerging as key players – not only in developing technology but in teaching students how to use it responsibly.
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David Suzuki, the geneticist-turned-environmentalist, who is days away from his 90th birthday, reflected on his legacy as he prepared to release his latest book, “Lessons from a Lifetime,” which compiles photos and stories from his life, as well as testimonials written by those he inspired.