Demand for fossil fuels are set to peak by 2030, says Fatih Birol, chief of the IEA. That's "nowhere near steep enough" to keep global warming to 1.5 degrees.
The 2024 projection shows an increase of more than $1 billion from the record set in 2020 when then-President Donald Trump faced off against Joe Biden.
Deep divisions remain between the parties with Republicans looking to implement large spending cuts unlikely to pass in the Democratic-controlled Senate.
Luckin Coffee hit 10,000 stores in China in June, surpassing Starbucks as the largest coffee chain brand in the country following rapid nationwide expansion this year.
Larry Ellison pointed to a doubling in the amount of money that artificial intelligence development companies have agreed to spend on Oracle cloud services