Trump, China and 300 billion barrels of Venezuelan oil
As the US powers ahead with its plans to recover Latin America’s ‘oil El Dorado’, we explore Venezuela’s environmental and geopolitical outlook
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Models can predict catastrophic or modest damages from climate change, but not which of these futures is coming.
In discussing the dramatic seizure of Venezuelan President Nicolás Maduro and his wife, Cilia Flores, over the weekend, President Donald Trump declared that the United States would now “take back” the country’s oil. Yet he has offered little clarity on what exactly this means.
The country could see a relatively rapid recovery of some oil production, depending on the leadership that emerges.
Lawmakers today should study the Energy Security Act of 1980.
Trump’s latest proposal would cede the United States’ AI advantage.
Without transatlantic alignment, we risk forfeiting the very advantages our alliance was built to protect.
Last month, the Trump administration imposed fresh sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, signaling a renewed desire to drive Moscow to the negotiating table in its war against Ukraine. But although these measures have the potential to harm the Russian economy, just how much damage they inflict will depend largely on one actor: Beijing. China bought almost half the oil Russia exported in 2024, evading Washington’s existing restrictions in the process. And new sanctions alone will do little to push China into significantly reducing its purchases.
Connecticut needs an honest debate, and fresh thinking, to shape a climate strategy fit for today, not 2022.
President Donald Trump’s impulsive, go-it-alone approach is uniquely ill-suited to the long-term and cross-cutting nature of the challenge that China poses.
High political walls are hurting an industry vital to the character of the country.