IEA Net Zero Roadmap is a Green Mirage Devastating Economies
MDN has repeatedly warned you that the International Energy Agency (IEA) has become a political shill for the extreme left environmental movement. Two years ago, the IEA published its laughable Net Zero Roadmap (see Intl Energy Agency Says World Should Stop All New O&G Development). In the Roadmap, IEA made the preposterous claim that if the world (i.e. the U.S.) doesn’t stop all new drilling for oil and gas immediately, the earth will toast itself into oblivion by 2050. The left used the report as a bludgeon to force banks and investors to scale back fossil fuel investments. A new report by the Energy Policy Research Foundation, Inc. (EPRINC) obliterates the claims of the IEA Net Zero Roadmap. It warns investors that if they follow the IEA Roadmap and scale back fossil fuel investments, they will violate their fiduciary (legal) responsibilities to investors.
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