"We will do one of two things: we will reform the way the IEA operates or we will withdraw,” Energy Secretary Chris Wright said during an interview Tuesday. “My strong preference is to reform it. ………….. The agency has predicted that global oil demand will plateau this decade as electric-vehicle fleets expand and other measures are adopted to reduce emissions and combat climate change. “That’s just total nonsense,” Wright said"

The US provides about 18% of the IEA funding, so that would be missed. On the other hand, what choice does the IEA have but to say goodbye? Otherwise it's just spreading deliberate lies and misinformation for the fossil fuel industry. What use is it then to the rest of the world?

The irony here is that IEA has a long history of under-estimating the transition to renewables. As far back as twenty years, every single year solar & wind energy adoption has far outpaced its projections.

Going by its past record, its already being too conservative in its future projections, and change will happen far quicker than it says.

US Threatens to Abandon IEA Over Green-Leaning Energy Forecasts