Steve Guest@SteveGuest
WATCH: Secretary of Energy Chris Wright calls out the International Energy Agency for focusing on Net Zero 2050:
"We need to have the IEA focused on energy data and bettering lives. Every report has a Net Zero 2050 case in it. There is a 0.0 chance of the world hitting Net Zero 2050, 0.0%.
Wright also says:
"This organization has been pushed off course, and for 5 years, published energy scenarios going forward, none of which had any relevance to reality. They were all just based on climate ambitions, politics, local domestic politics."
"If the European industrial powers want to continue to become forward industrial powers, that's your choice. I don't think it's a great choice, but that is your choice, but that is politics. If the European industrial powers want to continue to become forward industrial powers, that's your choice. I don't think it's a great choice, but that is your choice, but that is politics. That's not relevant to the global energy system, or to better people's lives.
We need to have the IEA focused on energy data and bettering lives."
Wright: "We need to have the IEA focused on energy data and bettering lives. Every report has a Net Zero 2050 case in it. There is a 0.0 chance of the world hitting Net Zero 2050, 0.0%. ....
The attempt to do it has only had one impact.
It's we've spent over $10 trillion to add 2.6% of global energy from wind, solar batteries, and all the extra transmission infrastructure combined. And everywhere it's deployed, in reasonable penetration rates, it's developed higher electricity prices. We've seen in the U.S. Every state within a renewable portfolio standard, on average, 50% higher electricity prices then the other states that didn't adopt that.
We don't want to move industries out of Europe. We don't want to make life more expensive and impoverish people. We don't want to have 2 million people still dying because they don't have clean cooking fuel.
We want to better energize the world. That's what IEA was founded for. That's what we want the IEA to do going forward.
And I want to get the other support of all the nations in this noble organization to work with us to push the IEA to drop the climate, hat's political stuff. Let that be done at the government level. This organization should be about energy, energy security, and improving lives."
Wright: "Together, we could move the organization and must move the organization back to what energy should always be about, which is humans and math. We only produce energy to better people's lives. The United States is all in on this trajectory."
