Rodgers and Barrasso: International Energy Agency has Abandoned its Energy Security Mission
Washington D.C. — Today, Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-WA) and Senate Energy and Natural Resources Committee Ranking Member John Barrasso (R-WY) sent a letter to Dr. Fatih Birol, Director of the International Energy Agency (IEA), urging him to return the agency to its core mission of promoting energy security.
“[I]n recent years the IEA has been undermining energy security by discouraging sufficient investment in energy supplies... Moreover, its energy modeling no longer provides policymakers with balanced assessments of energy and climate proposals. Instead, it has become an ‘energy transition’ cheerleader,” the lawmakers wrote.
“It should disturb you that biased parties are exploiting the IEA’s forecasts and other products to advocate for policies that undermine energy security. Last month, your former deputy at IEA, David Turk, now Deputy Secretary at the U.S. Department of Energy, justified President Biden’s decision to “pause” the permitting process for U.S. liquefied natural gas (LNG) exports on the basis of IEA forecasts rather than the forecasts of the Department’s own Energy Information Administration (EIA). We find Deputy Secretary Turk’s decision to rely largely on IEA’s outlier forecasts—instead of EIA’s forecasts—when discussing world demand for natural gas to be deeply troubling. President Biden’s decision to stop approving LNG export permits could have devastating consequences on the future supply of U.S. LNG to developing countries who will experience decades of robust growth in natural gas demand. That is why people across the American political spectrum have condemned the President’s decision as reckless,” the lawmakers continue.
CLICK HERE to read the full letter.