Oil producer group OPEC on Thursday sharply criticized the IEA's forecast that demand for fossil fuels like coal, oil and gas will peak before the end of the decade, describing such a narrative as "extremely risky," "impractical" and "ideologically driven."
The IEA, the world's leading energy watchdog, said Tuesday that the world was now at the "beginning of the end" of the fossil fuel era.
His assessment is based off of the IEA's World Energy Outlook, an influential report which is due out in October.
OPEC, a multinational group of mainly Middle Eastern and African nations, published a statement Thursday to outline its objections to the IEA chief's forecast.
OPEC said that previous predictions of peak fossil fuel demand had failed to materialize.
Persons:
Biden, Fatih Birol, Birol, Haitham, Ghais
Organizations:
Trans, Trans Alaska Pipeline System, National Petroleum Reserve, Financial Times, Energy, OPEC, IEA
Locations:
Trans Alaska, Alaska, Delta Junction