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.
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.”
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
Mexico Arrests CJNG Leader “El Jardinero” in Nayarit
Mexican authorities arrested Audias Flores, known as “El Jardinero,” on Monday during a naval operation in the western state of Nayarit, delivering another major blow to the Cártel Jalisco Nueva Generación (CJNG).
Flores was considered one of the top regional leaders within the cartel and had reportedly overseen criminal operations along Mexico’s Pacific coast. Security analysts viewed him as a potential successor to slain drug kingpin Nemesio Oseguera.
The arrest was carried out by Mexico’s Navy Special Forces in a planned operation, according to Security Minister Omar García Harfuch.
The United States Department of the Treasury had previously identified Flores as a “significant foreign narcotics trafficker,” while U.S. authorities offered a reward of up to $5 million for information leading to his capture and extradition.
A U.S. grand jury indicted Flores in 2021 on charges including conspiracy to distribute cocaine and heroin.
His capture comes months after the reported death of “El Mencho,” an operation that Mexican authorities considered a priority due to the cartel leader’s alleged involvement in a 2020 assassination attempt against García Harfuch.
International
Suspect Armed With Shotgun and Knives Detained at White House Correspondents Dinner
U.S. authorities confirmed Saturday that the suspect who stormed into the White House Correspondents’ Association Dinner while President Donald Trump was attending acted alone, adding that there is no ongoing threat to the public following the incident, which left one Secret Service agent injured.
Acting Metropolitan Police Department chief Jeff Carroll said during a press conference that the suspect was carrying “a shotgun, a handgun, and multiple knives” when he attempted to pass through a Secret Service security checkpoint inside the hotel lobby at approximately 8:36 p.m. local time.
“At this point, everything indicates that this was a lone actor, a lone gunman,” Carroll stated, adding that investigators have found no preliminary evidence suggesting the involvement of additional suspects.
During the exchange of gunfire inside the hotel corridors, the suspect was not struck by bullets but was subdued by law enforcement officers and later transported to a hospital for medical evaluation.
A member of the United States Secret Service Uniformed Division was shot during the incident, though the bullet was stopped by the officer’s ballistic vest, preventing serious injuries. The agent was taken to a hospital and is reportedly “in good spirits,” according to Carroll.
The shooting prompted the immediate evacuation of President Trump, Melania Trump, and several senior officials attending the event after multiple gunshots were heard outside the hotel’s main ballroom.
International
U.S. allows Venezuela to fund Maduro and Cilia Flores’ legal defense
Until now, the U.S. administration had blocked the Venezuelan government from covering the legal fees of Nicolás Maduro and his wife, Cilia Flores, who is also jailed and facing drug trafficking charges, due to international sanctions imposed on Venezuela.
The couple’s legal team had relied on that argument in an attempt to have the indictment dismissed, claiming that preventing a defendant from accessing counsel of their choice violates rights guaranteed under the Sixth Amendment of the U.S. Constitution.
However, the U.S. Treasury Department will now allow “defense attorneys to receive payments from the Government of Venezuela under certain conditions,” New York prosecutor Jay Clayton wrote in a letter dated Friday to Judge Alvin Hellerstein, who is overseeing the case.
According to the letter, the funds must have become available after March 5, 2026, and cannot come from Venezuelan oil sales regulated in the United States.
Since Maduro’s removal from power in early January, former Vice President Delcy Rodríguez has served as Venezuela’s interim leader.
The United States effectively controls Venezuelan crude exports, with revenues deposited into special accounts supervised by Washington.
Court documents filed on Friday show that the defense acknowledged the sanctions exemption and, for now, withdrew its motion seeking dismissal of the charges.
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