The International Energy Agency was established in 1974 within the OECD framework in Paris, the industrialized countries' collective answer to the embargo that had just doubled and then quadrupled the price of oil; the US State Department historian records that the crisis prompted its creation on a proposal from Henry Kissinger. Built first around emergency oil stocks and supply security, its mandate has since broadened to what it calls the three Es: energy security, economic development and environmental protection.
Facts
Milestone Year Milestone Date Connections
Associated With
Source US State Department Office of the Historian
Source Tethys Knowledge Base
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Sources
1. Tethys Knowledge Base
Pacific Northwest National LaboratoryTethys, International Energy Agency (IEA)Quote, Tethys, International Energy Agency (IEA)
a Paris-based autonomous intergovernmental organization
2. Wikipedia: International Energy Agency
International Energy Agency, founding date
the IEA was founded on November 18, 1974, after the 1973 oil crisis
In Group: Oil Crisis and Energy Institutions, Lead
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organization, established in 1974, that provides policy recommendations, analysis and data on the global energy sector.
View the SourceUS State Department Office of the Historian
United States Department of StateMilestones 1969-1976, Oil Embargo 1973-1974Quote, Milestones 1969-1976, Oil Embargo 1973-1974
It also prompted the creation of the International Energy Agency proposed by Kissinger.
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