Fuel Consumption Declines, Pollution Estimates Contrast, Saudi Arabia Pursues Green Initiative, Credit Downgrades for Fossil Fuels, IEA Proposes Global Strategy

Fuel consumption in Europe is set to decline due to weak economic growth and reduced demand in the manufacturing and transportation sectors. Eskom estimates lower coal pollution deaths in South Africa compared to independent reports. Saudi Arabia pursues a green initiative to generate half of its electricity with renewables by 2030. Fitch Ratings warns of potential credit downgrades for fossil fuel companies due to climate risk. The IEA proposes a global strategy to limit global warming to 1.5C.