Exxon, Chevron Focus on Oil Projects in the Americas
The two largest U.S. oil companies are pulling back on big international oil projects and concentrating on a handful of more lucrative assets closer to home.
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The challenges of providing reliable and affordable supplies of electricity in the U.S., not to mention cleaner forms of power, have been evident recently with the rash of unusually cold weather in Texas. Millions of Texans were left without power and drinkable water for days as the state’s grid nearly collapsed.
And as worries grow over the frequency and intensity of big storms, the power sector as well as policymakers in Washington and the states are looking more closely at steps needed to assure the reliability of the grid even as climate change makes these events more worrisome.
In this edition of Columbia Energy Exchange, host Bill Loveless is joined by Lynn Good, the chair, president and CEO of Duke Energy, one of America’s largest energy holding companies, with more than 7 million electric power customers in the Southeast and Midwest and nearly 2 million natural gas customers in five states.
Bill reached Lynn at Duke Energy’s headquarters in Charlotte, North Carolina, to talk about the situation in Texas and what it might mean for utilities in other states, as well as her company’s goal of providing electricity with net-zero emissions by 2050, a target well short of the 2035 mark for that achievement set by President Biden and congressional Democrats.
Lynn and Bill touched as well on the similarities and differences in the cleaner-energy positions of the Biden administration and the power sector, and how she thinks the conversation could proceed to find some agreement on policies that would support a carbon-free power sector as soon as possible.
Lynn has been Duke Energy’s CEO since 2013, having served previously as the company’s chief financial officer and a leader of its commercial energy business. She began her utility career in 2003 with Cincinnati-based Cinergy, which merged with Duke Energy three years later. Prior to that, she was a partner at two international accounting firms, including a long career with Arthur Andersen.
This week host Jason Bordoff talks with Cheryl LaFleur and David Hill about the incoming Trump administration, its impact on FERC, and the status of permitting reform measures.
The international climate negotiation process stands at a critical juncture. At the recent COP29 summit in Azerbaijan, nations struggled to find common ground on financial support and carbon...
The energy transition is transforming how we power our world – clean energy systems are becoming more interconnected, automated, and reliant on digital infrastructure. But with this transformation...
The clean energy transition has a dirty underside. To move away from fossil fuels and toward solar, wind, batteries, and other alternative sources of energy, we have to intensify mining operations for critical minerals like lithium, copper, and cobalt.
A bipartisan permitting-reform proposal in the US Senate includes provisions that reduce barriers to an improved electricity transmission system, which would help fortify the country’s energy system and accelerate the transition away from fossil fuels.
TRENDS Research & Advisory strives to present an insightful and informed view of global issues and challenges from a strategic perspective. Established in 2014 as an independent research center, TRENDS conducts specialized studies in the fields of international relations and political, economic and social sciences.
This year’s Conference of the Parties (COP-29) broke new ground with the Baku Initiative for Climate Finance, Investment, and Trade (BICFIT)—the first high-profile COP initiative to place trade...
Economic statecraft, and sanctions in particular, are popular policy instruments because they promise to deliver leverage at someone else’s expense. Sanctions can create pressure by taking away something...