The International Energy Agency (IEA) is facing criticism for its shift toward clean energy policies. Former IEA oil market chief Neil Atkinson, along with Mark Mills of the National Center for Energy Analytics, released a report titled Energy Delusions on Wednesday, arguing that the agency should prioritize oil and gas supply concerns.
The report, launched on Capitol Hill with Wyoming Senator John Barrasso and Williams CEO Alan Armstrong, challenges the IEA’s projections that global oil demand will peak by 2030 and that new oil and gas investments are unnecessary. The authors claim the agency underestimates demand growth in emerging markets and petrochemicals while overestimating electric vehicle adoption.
The IEA, which has guided global energy policy for over 50 years, has adjusted its focus as nations shift toward renewable energy. However, this transition has drawn backlash from the oil industry and Republican policymakers, including former U.S. President Donald Trump, who criticized the agency’s climate policies during his campaign. The U.S., contributing a quarter of the IEA’s funding, holds significant influence over its direction.
The report argues that the IEA’s assumptions could harm global energy security and economic stability. Barrasso, who previously led a congressional report opposing the agency’s green policies, warned that the IEA risks becoming irrelevant if it continues focusing on unrealistic aspirations.
In response, the IEA dismissed the report as inaccurate and misleading, stating that its oil demand projections align with forecasts from other major organizations, including oil companies. The agency emphasized its commitment to improving energy analysis while defending its position on the global transition toward cleaner energy sources.


Nighttime Shelling Causes Serious Damage in Russia’s Belgorod Region Near Ukraine Border
Thailand Inflation Remains Negative for 10th Straight Month in January
Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Federal Judge Restores Funding for Gateway Rail Tunnel Project
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 



