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Five Reasons Why IEA s Net-Zero Drive Needs Oil and Gas

A Texas trade group contends IEA s net-zero carbon emissions roadmap confirms the world will continue to rely on oil and gas. Last week the International Energy Agency (IEA) issued a report outlining how to achieve a net-zero emissions energy system by 2050. The report, among other things, calls for immediately ending fossil fuel investments and envisions no sales of internal combustion engine-powered passenger cars by 2035. Two informed oil and gas market-watchers late last week offered Rigzone Texans for Natural Gas (TNG), a Texas Independent Producers and Royalty Owners Association (TIPRO)-managed education campaign, has conducted its own assessment of the IEA “net-zero pathway” and contends the report confirms that the world will continue to rely on oil and gas.

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