Big Green wants to stop all new production of oil and gas

 Washington Examiner:

The International Energy Agency’s stark position that new oil and gas development must immediately stop to meet global climate goals could boost momentum for governments to restrict fossil fuel production and cause investors to cut off funding for such projects.

“This will strengthen the political argument in many countries for restricting the growth of new oil production,” Bob McNally, president of Rapidan Energy Group and former oil official in the George W. Bush administration, told the Washington Examiner. “It’s going to raise the regulatory risk and scrutiny on oil companies and investors that plan to develop new oil fields.”

NEW FOSSIL FUEL PROJECTS MUST BE STOPPED IMMEDIATELY TO MEET CLIMATE GOALS, IEA SAYS

Climate activists interpreted the surprising statement from the IEA, a Paris-based group with a conservative reputation known for promoting global energy security, as an endorsement of its longtime “keep it in the ground” mantra.
...

Russian hackers gave the East Coast of the US a preview of what a disaster such a policy would be.  Big Green has been wrong about the impact of fossil fuels on the environment for decades.  It has an unbroken record of failed projections of gloom and doom.  It is not clear why governments keep listening to people who have been consistently telling us sky is falling.

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