By Paul Homewood
From Manhattan Contrarian:
As yet another example of a bureaucracy gone completely nuts, consider the International Energy Agency. IEA started out in the 1970s as a consortium of Western nations organized to counteract the oil price shocks imposed by OPEC in those years. That seemed reasonable enough. But somewhere along the line, gradually, the mission, let us say, evolved. Today, IEA is fairly described as a center of advocacy for elimination of fossil fuels from the world’s energy supply.
In May 2021 IEA published a big Report with the title “Net Zero by 2050: A Roadmap for the Global Energy Sector.” You might get the impression from the title and some of the text that this could be just a few helpful “how to” tips on reducing emissions. But you don’t need to get too far into the document to figure out that it’s really another one of those crazed demands for immediate desperate action to save the planet from impending doom — the difference being that this one is directly funded by essentially every major Western government. From the Foreword:
We are approaching a decisive moment for international efforts to tackle the climate crisis – a great challenge of our times. The number of countries that have pledged to reach net‐zero emissions by mid‐century or soon after continues to grow, but so do global greenhouse gas emissions. This gap between rhetoric and action needs to close if we are to have a fighting chance of reaching net zero by 2050 and limiting the rise in global temperatures to 1.5 °C. Doing so requires nothing short of a total transformation of the energy systems that underpin our economies.
Now, two years later, along comes a serious group with a comprehensive critique of the IEA’s Report. The critical group is the Energy Policy Research Foundation, which has been funded in this project by the Real Clear Foundation (the people behind Real Clear Politics). The EPRF has produced its own Report, with a date of June 2023, titled “A Critical Assessment of the IEA’s Net Zero Scenario, ESG, and the Cessation of Investment in New Oil and Gas Fields.” This Report is 75 pages long, and well worth a look. The lead author is named Batt Odgerel; and the editor is Rupert Darwall.
Full post here.
via NOT A LOT OF PEOPLE KNOW THAT
June 24, 2023 at 12:33PM
