Organization for Economic Cooperation and Development

Agencies Report: World Should End Fossil Fuel Subsidies

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Though the Solyndra scandal cast a shadow on government loan guarantees for renewables, some significant players are saying a bigger problem is market-distorting subsidies for fossil fuels in some countries.

The Organization for Economic Cooperation and Development and its energy arm, the International Energy Agency, joined to publish an analysis of data on government subsidies for fossil fuel industries across the globe which concluded that governments should be phasing out these handouts. Keep reading →

 /  Published October 4, 2011 at 1:15 PM

Newly Aggressive IEA Goes Dutch With New Leader

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After a tumultuous year, the International Energy Agency has a new Executive Director in former Dutch Minister of Economic Affairs Maria van der Hoeven.

As the energy arm of the Paris-based Organization for Economic Cooperation and Development, representing developed-country interests, the IEA was until recently largely viewed as a statistics-gathering and research operation. The group occasionally moved markets or influenced policies through its release of compelling numbers, and has been at the forefront of moves by the industry to embrace more renewable generation sources and grapple with limiting emissions that cause climate change. Keep reading →

 /  Published September 1, 2011 at 10:30 AM