The global shift from fossil fuels to renewables is being undermined by the very organisation that ought to be leading the charge, according to a scathing new critique of the International Energy Agency (IEA). Governments across the world rely on IEA projections to set energy policies, but the agency’s figures – which are influenced by the oil industry – are pushing them off track to reach the targets of the Paris climate agreement, says the report. The study, released on Thursday by research and advocacy NGO Oil Change International, claims the agency’s investment projections remain massively skewed towards oil and gas, effectively encouraging governments to overshoot emissions targets and worsen climate damage. In its annual World Energy Outlook, the IEA provides a series of possible scenarios, each of which is dependent on the decisions taken by governments. Oil Change International says all of them would break the Paris targets to keep global temperature rises to well below 2C, or ideally 1.5C, by the end of the century.
Guardian 5th April 2018 read more »