Trump’s Ultimatum Leaves the International Energy Agency Facing Oblivion if it Won’t Abandon Net Zero Fantasies
The International Energy Agency (IEA), established in 1974 in the wake of the Arab oil embargo, was founded with a clear and vital mission: to ensure energy security for its member nations, with coordinated oil stockpiling and rigorous data and analysis to guide energy planning and investment. For decades, it served as a beacon of pragmatic, evidence-based policymaking. It was also an important source of data and energy best practice for policymakers of non-member states around the world.
However, like other major global institutions such as the World Bank and the International Monetary Fund, the IEA has strayed far from its original charter, as I have written about extensively (here, here and here). Over the past decade or so, it has morphed into a mouthpiece for the progressive-Leftist establishment, particularly the Brussels-based European Union elite and the US Democratic Party, peddling climate alarmism and promoting unrealistic ‘Net Zero’ policies aligned with the Paris Agreement. This ideological capture has undermined its credibility.
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