Difference between revisions of "International Energy Agency"

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|members=Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, India, Ireland, Italy, Japan, South Korea, Luxembourg, Netherlands, Mexico, New Zealand, Norway, Poland, Portugal, Slovak Republic, Spain, Sweden,  Switzerland, Turkey, United Kingdom, United States
 
|members=Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, India, Ireland, Italy, Japan, South Korea, Luxembourg, Netherlands, Mexico, New Zealand, Norway, Poland, Portugal, Slovak Republic, Spain, Sweden,  Switzerland, Turkey, United Kingdom, United States
 
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The '''International Energy Agency''' is an organization that was formed after the [[1973 oil crisis]]. The IEA was initially dedicated to never let that happen again, as well as organizing the oil market and making sure [[big oil]] stays ahead of other energy sources.
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==2021 Immediate end to new investments in oil and gas projects==
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In May 2021 “the IEA stunned markets with the publication of its [[Net Zero by 2050]] roadmap, which calls for an immediate end to new investments in oil and gas projects as part of a “total transformation of the energy systems that underpin our economies.”<ref name=world>https://www.naturalgasworld.com/iea-net-zero-roadmap-a-fairy-tale-gas-in-transition-90136</ref>
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Speaking to the magazine [[Natural Gas World]] [[Cyril Widdershoven]], an energy analyst at Dutch consultancy [[VEROCY]], said the IEA’s recommendation is “irresponsible” and “incomprehensible.” “If we do this, there will be shortages in five or six years that will severely impact the world economy.”.
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People seem to have forgotten that oil and gas are not just needed to provide [[energy]], but are inextricably linked to almost all of our economic activities, notes Widdershoven, including the production of [[medicines]], [[food]], clothes and [[fertilisers]]. “In a very short time there would be 2bn people in the world without adequate food supplies. By viewing oil and gas simply as energy products, the IEA appears to overlook the many other functions they perform,” he says.<ref name=world/>
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Widdershoven, who also holds several advisory positions with international [[think tanks]] around the world and is global head of strategy and risk at [[Berry Commodities Fund]], frankly admits that he finds it difficult to understand what made the IEA propose such a policy measure. “In the IEA’s World Energy Outlook, even in the Sustainable Development Scenario, gas demand was set to grow in the period till 2050. Indeed, not so long ago the IEA proclaimed that we were on the eve of a golden age for gas. I fail to see why they have suddenly changed their stance so radically,” he says.”<ref name=world/>
 
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==References==
 
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Latest revision as of 06:00, 24 July 2021

Group.png International Energy Agency  
(IGOFacebook LinkedIn Twitter WebsiteRdf-entity.pngRdf-icon.png
International Energy Agency (logo).png
AbbreviationIEA
FormationNovember 1974
HeadquartersParis
LeaderInternational Energy Agency/Executive Director‎
SubpageInternational Energy Agency/Executive Director
Membership• Military help with COVID lockdown in Australia in July 2021.jpg Australia
•  Austria
• Belgium.jpg Belgium
•  Canada
•  Czech Republic
•  Denmark
•  Estonia
•  Finland
• Eiffel tower police.jpg France
•  Germany
•  Greece
•  Hungary
•  India
•  Ireland
•  Italy
•  Japan
•  South Korea
•  Luxembourg
•  Netherlands
•  Mexico
•  New Zealand
•  Norway
•  Poland
•  Portugal
•  Slovak Republic
•  Spain
•  Sweden
•  Switzerland
• Turkey (orthographic projection).svg Turkey
• EU-United Kingdom.svg United Kingdom
•  United States
An organization that was formed after the 1973 oil crisis. The IEA was initially dedicated to never let that happen again, as well as organizing the oil market and making sure big oil stays ahead of other energy sources.

The International Energy Agency is an organization that was formed after the 1973 oil crisis. The IEA was initially dedicated to never let that happen again, as well as organizing the oil market and making sure big oil stays ahead of other energy sources.

2021 Immediate end to new investments in oil and gas projects

In May 2021 “the IEA stunned markets with the publication of its Net Zero by 2050 roadmap, which calls for an immediate end to new investments in oil and gas projects as part of a “total transformation of the energy systems that underpin our economies.”[1]

Speaking to the magazine Natural Gas World Cyril Widdershoven, an energy analyst at Dutch consultancy VEROCY, said the IEA’s recommendation is “irresponsible” and “incomprehensible.” “If we do this, there will be shortages in five or six years that will severely impact the world economy.”.

People seem to have forgotten that oil and gas are not just needed to provide energy, but are inextricably linked to almost all of our economic activities, notes Widdershoven, including the production of medicines, food, clothes and fertilisers. “In a very short time there would be 2bn people in the world without adequate food supplies. By viewing oil and gas simply as energy products, the IEA appears to overlook the many other functions they perform,” he says.[1]

Widdershoven, who also holds several advisory positions with international think tanks around the world and is global head of strategy and risk at Berry Commodities Fund, frankly admits that he finds it difficult to understand what made the IEA propose such a policy measure. “In the IEA’s World Energy Outlook, even in the Sustainable Development Scenario, gas demand was set to grow in the period till 2050. Indeed, not so long ago the IEA proclaimed that we were on the eve of a golden age for gas. I fail to see why they have suddenly changed their stance so radically,” he says.”[1]

 

Known members

All 31 of the members already have pages here:

MemberDescription
AustraliaA large island nation in the southern hemisphere which is pioneering universal surveillance of its citizenry.
AustriaGerman-speaking republic in Central Europe. Since the end of the Cold War, Austria has become increasingly westernised.
BelgiumFormer European colonial power
CanadaIf tar sands are counted, Canada possesses the 3rd largest oil reserves of any nation state.
Czech RepublicFormerly communist, central European nation.
DenmarkMember of the EU, NATO.
EireIsland off the coast of Great Britain. Ireland is a member of the EU but not NATO.
EstoniaEstonia is the most northern of the Baltic States. Formerly part of the USSR, now EU and NATO.
FinlandNordic country, borders Russia.
FranceA European nation, former colonial power, permanent seat on the UNSC
Germany"The economic powerhouse of Europe" - Germany dominates the European Union.
Greece"In 2006... the third biggest arms importer after China and India."
HungaryFormerly communist country in Eastern Europe, now a member of NATO, and the EU, Hungary is currently lead by Viktor Orban, an adversary of Brussels.
IndiaThe "Jewel in the Crown" of the British Empire. Until independence in 1947 it was ruled from London under the auspices of a British-appointed Viceroy whose powers were absolute.
ItalyEuropean country that has the sixth-largest national wealth and third-largest central bank gold reserve. Italy/Deep state is an integral part of the SDS.
JapanA populous country in East Asia. People are traditionally extremely law abiding by European standards.
LuxembourgOne of the richest and smallest sovereign states in the world.
Mexico"Poor Mexico, so far from God and so close to the United States!"
NetherlandsPoliticly fragmented and very densely populated country. Had very lenient drug and (underage) sex laws. Named a "narco-state" by neighbouring countries. Home of the first Bilderberg meeting.
New ZealandAn island state next to Australia which "has become a preferred bolthole for the ultra rich". Aggressively used contact tracing and lockdowns during the COVID-19 event.
NorwayStrategically located nation with money to spend on supranational deep state policies.
PolandFast growing, revived country since World War 2. Became a very loyal US Deep State parter. The populace are by a mile the biggest supporters of NATO presence in Europe.
PortugalPolitically very controlled country, with a duopoly between socialist parties. Refused a War on Drugs, with successful results.
SlovakiaFormerly communist country in Eastern Europe. Now a member of NATO and the European Union.
South KoreaPart of the great powers of Asia, South Korea was shaped by the US after the Korean War. Most companies in the entertainment and tech industries are owned antidemocratic by rich families that operate like governments of their own, bribing presidents and evading the law.
SpainSeemingly a tropical easy-going country on the southern border of Europe. Spain has had trouble running a “death squad-free” democracy since Franco retired. Spain has seen the bloodiest post Gladio 1 terror attack take place in Madrid in 2004, and was a battleground of the Ifs and GRU during the 2010s.
SwedenA nation state which is heavy on social control, but which defied the SDS COVID lockdown policy.
SwitzerlandA mountainous, hence easily defended country in central Europe which has established itself as a world banking center.
TurkeyTurkey is a nation state at the south east corner of Europe.
UKThe biggest Island in Europe. It was a world power with massive influence for over 4 centuries.
USThe United States is the single biggest military spender in the world, with a higher 2020 expenditure than the next ten countries combined. Its infrastructure has been described to be in disrepair since the late 1980s.
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References