ESG & Investing

IEA Defends Its Energy Models Against ‘Green Censors’ Criticism

A former White House adviser says the International Energy Agency’s reports have become skewed by governments’ low carbon targets. 

Fatih Birol, executive director of the International Energy Agency, in Paris, France at the IEA’s 50th anniversary and ministerial meeting on Feb. 13, 2024.

Photographer: International Energy Agency
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Each year the Paris-based International Energy Agency puts out a report that quietly shapes government policy and billions of dollars’ worth of energy investment decisions. One energy expert is now saying the IEA’s forecasts have become politicized by its member countries’ climate goals.

“The IEA has strayed from its mission as an energy-security watchdog,” said Robert McNally, president of research and analysis firm Rapidan Energy. “Its long-term energy forecasts can no longer be trusted.”