International

World risks more years of high energy prices, emissions: IEA

AFP

The world faces more years of high energy prices and emissions unless the electricity sector changes faster after demand hit a record last year, the International Energy Agency said Friday.

The economic recovery from the Covid pandemic, combined with unusual weather conditions, caused electricity demand to jump by more than six percent in 2021, the largest increase since 2010, the IEA said.

In absolute terms, the increase of more than 1,500 terawatt-hours was the largest ever, the Paris-based agency said in its semi-annual Electricity Market Report.

This pushed prices to unprecedented levels while emissions from the electricity sector rose by seven percent in 2021 — an all-time high after having decreased the previous two years, the IEA said.

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While renewable power experienced “impressive growth”, electricity generation from coal and natural gas hit record levels, the report found.

“In the absence of faster structural change in the sector, rising demand over the next three years could result in additional market volatility and continued high emissions,” the IEA said.

IEA executive director Fatih Birol said emissions from electricity must fall by 55 percent by 2030 if the world is to meet a target of net-zero carbon emissions by 2050.

“But in the absence of major policy action from governments, those emissions are set to remain around the same level for the next three years,” Birol said in a statement.

“Not only does this highlight how far off track we currently are from a pathway to net zero emissions by 2050, but it also underscores the massive changes needed for the electricity sector to fulfil its critical role in decarbonising the broader energy system.”

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Birol also warned that high electricity prices “have been causing hardship for many households and businesses around the world and risk becoming a driver of social and political tensions.”

China accounted for around half of the global growth in electricity demand last year. The country experienced power cuts due to coal shortages — a problem also encountered by India.

International

Epstein Denies Being ‘the Devil’ in Newly Released Video Interview

Jeffrey Epstein claims he was the least dangerous type of sex offender and denied being “the devil” in a video interview included in the latest batch of documents released over the weekend by the U.S. Department of Justice.

The roughly two-hour interview was conducted by Steve Bannon, a former adviser to U.S. President Donald Trump, and appears to have been recorded at the late financier’s New York residence on an unknown date.

Epstein died by suicide in 2019 while in jail awaiting trial on sex trafficking charges involving minors. Since December, the U.S. government has released millions of documents related to the case under transparency laws.

“Do you think you’re the devil incarnate?” Bannon asks Epstein in the video interview revealed in the latest release.

“No, but I do have a good mirror,” Epstein replies with a smile, wearing a black shirt and glasses. When pressed again, he adds, “I don’t know. Why would you say that?”

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Epstein, who pleaded guilty in 2008 to soliciting a minor for prostitution, also appears to downplay the seriousness of his conviction.

He objects when Bannon refers to him as a “Level Three sexual predator,” a classification in the United States indicating a very serious threat to public safety.

“No, I’m the lowest,” Epstein says.

“But still an offender,” Bannon responds.

“Yes,” Epstein replies.

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The exchange comes after Bannon asks Epstein whether he considers his wealth to be “dirty,” suggesting it was earned by advising “the worst people in the world.”

Epstein insists that he made his money legally, while acknowledging that “ethics is always a complicated issue.”

He claims he donated money to help eradicate polio in Pakistan and India, apparently in an attempt to justify the origins of his fortune.

The documents also show that Bannon maintained regular correspondence with Epstein, who offered to help the far-right political figure spread his conservative ideology in Europe.

Since Trump took office in January 2025, U.S. authorities have released millions of pages related to Epstein, along with photos and videos.

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These materials have shed new light on Epstein’s ties to high-profile business executives such as Microsoft co-founder Bill Gates, celebrities including filmmaker Woody Allen, and academics and political figures, among them Trump and former President Bill Clinton.

International

Hypothermia Linked to Most Deaths During New York’s Recent Cold Spell

Hypothermia “played a role” in 13 of the 16 deaths recorded in New York City during the recent period of extreme cold, Mayor Mandami said at a press conference. Three of the deaths were classified as drug overdoses.

None of the individuals were sleeping on the streets at the time of their deaths, the mayor added, noting that some had previously been in contact with emergency shelter services.

Mandami said the city has activated emergency warming centers and deployed a fleet of 20 vehicles staffed with medical personnel to respond to the cold weather crisis.

“As of this morning, we have made more than 930 referrals to shelters and safe facilities. We have also involuntarily transported 18 New Yorkers who were deemed a danger to themselves or others,” he said.

According to official statistics, New York City recorded between nine and 27 cold-related deaths per year from 2005 to 2021. That number rose to 34 in 2021 and climbed further to 54 in 2022.

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City Comptroller Mark Levine estimated that there are “tens of thousands” of homeless New Yorkers, “most of them families with children.”

He said that “nearly 95%” of the city’s homeless population lives in municipal shelters.

In August 2021, those shelters housed 44,586 people, the “lowest daily population in nearly a decade,” according to official data.

However, the shelter population increased from 22,955 to 62,679 people between January 2000 and January 2020, highlighting the long-term growth of homelessness in the city.

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International

NFL Investigating Emails Linking Giants Executive to Jeffrey Epstein

NFL Commissioner Roger Goodell said on Monday that the league will “examine all the facts” regarding contacts between New York Giants co-owner Steve Tisch and Jeffrey Epstein, revealed in documents recently released about the late convicted sex offender.

The batch of files, made public on Friday by the U.S. Department of Justice, includes emails suggesting that Epstein introduced several women to Tisch.

Tisch, a film producer who has never been charged in connection with Epstein, issued a statement last week denying any wrongdoing.

“I had a brief relationship in which we exchanged emails about adult women, and we also discussed film, philanthropy, and investments,” Tisch said of his correspondence with Epstein, which dates back to 2013.

“I did not accept any of his invitations and never went to his island. As we all now know, he was a terrible person and someone I deeply regret having associated with,” he added.

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Speaking at a press conference in San Jose, California, on Monday, Goodell said the NFL would carefully review the details of the ties between Tisch and Epstein.

“We’re going to examine all the facts,” the commissioner said. “We’re going to look at the context of those exchanges, try to understand them, and see how that fits within the league’s policies.”

Tisch, 76, could face disciplinary action under the NFL’s strict personal conduct policy, even if he is not found guilty of a crime.

“We’re going to take this step by step. First, let’s gather all the facts,” Goodell said at the press conference, which was part of the events leading up to Sunday’s Super Bowl between the Seattle Seahawks and the New England Patriots.