IEA says fossil fuel demand likely to peak before 2030
OPEC accuses IEA of torpedoing needed oil investment
Climate change vs energy security debate inflamed
OPEC has hit out again at the International Energy Agency, saying its prediction of a peak in fossil fuel demand before 2030 presents a “dangerous” risk to global energy security by stoking calls to end investments in oil and gas projects.
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In a sharply worded response to IEA Executive Director Fatih Birol’s Sept. 12 op-ed in the Financial Times that declared the hastening decline of hydrocarbons a “welcome sight,” OPEC Secretary General Haitham al-Ghais accused the agency of ideologically driven fear-mongering that would…
