Daily Caller
International Energy Agency should go on Trump’s Chopping Block
French President Macron has called the IEA the ‘armed wing for implementing the Paris Agreement
From the Daily Caller News Foundation
By David Blackmon
Among the many promises and commitments that he has made during his ongoing transition period, President-elect Donald Trump has pledged to pull U.S. support for the World Health Organization and cancel its commitments related to the 2015 Paris Climate Agreement. If a new report issued this week by the Senate Committee on Energy and Natural Resources and incoming chairman Republican Wyoming Sen. John Barrasso, is any guide, Trump perhaps should add U.S. support for the International Energy Agency to his growing list of cancellation opportunities.
“French President Macron’s observation that IEA has become the ‘armed wing for implementing the Paris Agreement’ is regrettably true,” said the report. “With the many serious energy security challenges facing the world, however, IEA should not be a partisan cheerleader. What the world needs from IEA—and what it is not receiving now—is sober and unbiased analyses and projections that educate and inform policymakers and investors. IEA needs to remember why it was established and return to its energy security mission.”
The IEA was established in 1974 in response to the first Arab Oil Embargo which resulted in dramatically higher prices for crude oil and gasoline at the pump. Originally supported by 31 member countries including the United States, the agency’s mission was to provide accurate information related to global oil supply and demand which subscribing countries could use to help form effective energy policies. That original mission held firm for decades, during which the IEA was widely considered a leading source of real, unbiased energy information.
But politics tends to corrupt everything it touches, and the IEA has unfortunately proved to be no exception to that rule. As the politics surrounding climate alarmism rose to new highs following the signing of the Paris Climate Agreement, the agency came under increasing pressure to radically alter its mission from that of a provider of real information worthy of trust to more of an activist posture.
In 2020, the report notes, this led to a shift in the IEA’s mission statement and to a new design to its modeling processes that form the basis for its annual World Energy Outlook. As its modeling base case, the agency abandoned its longstanding Current Policies Scenario, which Barrasso’s report describes as “essentially a ‘business as usual’ reference case,” in favor of a more aggressive Stated Policies Scenario.
Barrasso’s report describes this new scenario as “a hypothetical outlook based on unimplemented policies and grounded in unrealistically optimistic assumptions about the pace and scale of the transformation, especially concerning the adoption of electric vehicles by consumers.” It is an approach intentionally designed to introduce bias into the modeling process, and thus into the IEA policy recommendations for which the modeling process serves as the foundation.
This inevitable bias had an immediate and very noticeable effect. In a report published by the IEA in May 2021 Executive Director Fatih Birol laughably stated that “there will not be a need for new investments in oil and gas fields” and urged oil and gas producers to halt investments in exploration and development of new oil reserves. But that was before oil prices exploded as global demand exceeded supply during the recovery from the COVID pandemic, and by August Birol had completely reversed himself, joining President Joe Biden in a desperate call for more oil drilling to help resolve the situation.
Obviously, this sort of flip-floppery does severe damage to the agency’s already crumbling credibility as well as to the justification for governments to continue pouring millions of dollars into its operations each year. Barrasso’s report correctly notes that the IEA’s “reputation has lost its luster.”
Barrasso’s report is blunt about the kinds of reforms he would like to see at the IEA, urging Birol to abandon its advocacy posturing against investments in oil, natural gas, and coal, and to “once again produce for its World Energy Outlook a real unbiased, policy-neutral ‘business as usual’ reference case of the kind the Energy Information Administration produces.”
The Wyoming senator stops short of calling for the U.S. defunding of the IEA, but the agency’s currency is information. If that currency has lost its value, then perhaps Trump should consider a more aggressive approach.
David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.
Daily Caller
Trump Orders Review Of Why U.S. Childhood Vaccination Schedule Has More Shots Than Peer Countries
From the Daily Caller News Foundation
By Emily Kopp
President Donald Trump will direct his top health officials to conduct a systematic review of the childhood vaccinations schedule by reviewing those of other high-income countries and update domestic recommendations if the schedules abroad appear superior, according to a memorandum obtained by the Daily Caller News Foundation.
“In January 2025, the United States recommended vaccinating all children for 18 diseases, including COVID-19, making our country a high outlier in the number of vaccinations recommended for all children,” the memo will state. “Study is warranted to ensure that Americans are receiving the best, scientifically-supported medical advice in the world.”
Trump directs the secretary of the Health and Human Services (HHS) and the director of the Centers for Disease Control and Prevention to adopt best practices from other countries if deemed more medically sound. The memo cites the contrast between the U.S., which recommends vaccination for 18 diseases, and Denmark, which recommends vaccinations for 10 diseases; Japan, which recommends vaccinations for 14 diseases; and Germany, which recommends vaccinations for 15 diseases.
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HHS Secretary Robert F. Kennedy Jr. has long been a critic of the U.S. childhood vaccination schedule.
The Trump Administration ended the blanket recommendation for all children to get annual COVID-19 vaccine boosters in perpetuity. Food and Drug Administration (FDA) Commissioner Marty Makary and Chief Medical Officer Vinay Prasad announced in May that the agency would not approve new COVID booster shots for children and healthy non-elderly adults without clinical trials demonstrating the benefit. On Friday, Prasad told his staff at the Center for Biologics Evaluation and Research that a review by career staff traced the deaths of 10 children to the COVID vaccine, announced new changes to vaccine regulation, and asked for “introspection.”
Trump’s memo follows a two-day meeting of vaccine advisors to the Centers for Disease Control and Prevention in which the committee adopted changes to U.S. policy on Hepatitis B vaccination that bring the country’s policy in alignment with 24 peer nations.
Total vaccines in January 2025 before the change in COVID policy. Credit: ACIP
The meeting included a presentation by FDA Center for Drug Evaluation and Research Director Tracy Beth Høeg showing the discordance between the childhood vaccination schedule in the U.S. and those of other developed nations.
“Why are we so different from other developed nations, and is it ethically and scientifically justified?” Høeg asked. “We owe our children science-based recommendations here in the United States.”
From the Daily Caller News Foundation
Billionaire Michael Dell and his wife, Susan, announced Monday that they will give 25 million American children a $250 deposit as an initial boost to President Donald Trump’s new investment program for children.
The Dells’ pledge totals $6.25 billion and will be routed through the Treasury Department. The goal, they say, is to extend access to the federal Invest America program — referred to as “Trump accounts” — established by the One Big Beautiful Bill Act, signed into law by the president in July.
The federal program guarantees a $1,000 federally funded account for every child born from 2025 through 2028, but the Dells’ money will instead cover children 10 years old and younger in ZIP codes where the median household income is under $150,000, according to Bloomberg.
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“What inspired us most was the chance to expand this opportunity to even more children,” the Dells wrote in the press release. “We believe this effort will expand opportunity, strengthen communities, and help more children take ownership of their future.” (RELATED: Trump Media Company To Create Investment Funds With Only ‘America First’ Companies)
Dell, founder and CEO of Dell Technologies with a net worth of about $148 billion, has been one of the most visible corporate leaders championing the Trump accounts. In June, he joined Goldman Sachs CEO David Solomon, Uber CEO Dara Khosrowshahi, and others at a White House roundtable promoting the initiative.
In addition to the new $6.25 billion pledge, Dell Technologies committed to matching the government’s $1,000 contribution for the children of its employees. Other companies, such as Charter Communications, Uber, and Goldman Sachs, have said they are willing to match the government’s contributions when the accounts launch.
“This is not just about what one couple or one foundation or one company can do,” the couple wrote. “It is about what becomes possible when families, employers, philanthropists, and communities all join together to create something transformative.”
Starting July 4, 2026, parents will be able to open one of the accounts and contribute up to $5,000 a year. Employers can put in $2,500 annually without it counting as taxable income.
The money must be invested in low-cost, diversified index funds, and withdrawals are restricted until the child turns 18, when the funds can be used for college, a home down payment, or starting a business. Investment gains inside the account grow tax-free, and taxes are owed only when the money is eventually withdrawn.
The accounts will “afford a generation of children the chance to experience the miracle of compounded growth and set them on a course for prosperity from the very beginning,” according to the Trump administration.
The broader effort was originally spearheaded in 2023 by venture capitalist Brad Gerstner, who launched the nonprofit behind the Invest America concept.
“Starting 2026 & forevermore, every child will directly share in the upside of America! Huge gratitude to Michael & Susan for showing us all what is possible when we come together!” Gerstner wrote on X.
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