The IEA dusted off its “current policies” scenario for the first time since 2019, showing fossil fuel demand climbing well above the agency’s stated-policy forecasts through 2050. (Axios)
Keep in mind: The model reflects only laws already enacted—a deliberately narrow, conservative lens that assumes slower deployment of clean tech and limited new climate measures.
OPEC quickly said the data proves there’s no peak in oil or gas demand ahead, though the IEA stressed it’s just one possible pathway.
Analysts at Ember warned the agency risks underestimating renewable and storage growth, arguing even its more ambitious scenarios should be viewed as “a floor, not a ceiling.”
