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The International Energy Agency (IEA) is 50 years old this year, created because of the 1973/4 “oil shock” that triggered a global recession. Today’s energy markets and geopolitics are just as vulnerable to similar disruptions, but the IEA has since shifted its mission to advocate for abandoning hydrocarbons, erasing its ability to serve as a credible, unbiased source of the kind of energy information vital for risk analysis and planning. It’s time to reform the IEA.
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