Offshore wind power is faltering, local resistance to “Big Wind and Big Solar” is mounting, and electric vehicles are clearly struggling. But Ed Ballard of the Wall Street Journal says that policy-makers, including the International Energy Agency, are missing the enormity of the investment in alternative energy. “Last year, more than four-fifths of the world’s…
Tag: International Energy Agency
Peak Oil—Again?
The International Energy Agency says electric vehicles and biofuels for transportation are permanently slowing the growth of demand for oil. “In particular, the use of oil for transport fuels is set to go into decline after 2026 as the expansion of electric vehicles, the growth of biofuels and improving fuel economy reduce consumption.”
I.E.A.’s Net-Zero Study: ‘Green Advocacy on Behalf of Its Paymasters’?
The recent International Energy Agency “Net Zero by 2050” study has been justly criticized, says Tilak Doshi in Forbes. The study says that the shift to renewables would have huge benefits. Specifically (this is from the I.E.A. introduction) : “It sets out a cost-effective and economically productive pathway, resulting in a clean, dynamic and resilient…