Global energy markets are in flux, from the rapid growth in renewable energy production and falling technology costs to talk of peak demand and calls for urgent action on climate change. At the same time, greenhouse gas emissions went up last year at the fastest rate they have since 2011, and we saw growth in coal, oil and gas production and consumption. When it comes to energy and climate issues, there’s tension between the rhetoric, our ambition, and the reality of the facts on the ground.
In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Dr. Christof Rühl, an internationally renowned economist specializing in macroeconomics and energy economics. Christof served as Chief Economist at BP for nearly a decade, and most recently, was the Head of Research at the Abu Dhabi Investment Authority.
Jason and Christof discuss how energy markets are impacting geopolitical risk and the global economy — from sanctions to trade wars and the escalating tensions in the Straits of Hormuz. They discuss the shale revolution, and its global implications as the U.S. becomes a major exporter of both natural gas and crude oil. They also discuss plastics, electric vehicles and new technologies from advanced nuclear to battery storage and hydrogen, and the role they might play in the energy transition.
For more than a century, extractive industry and capitalism have dominated the developed world’s economies. Some of the biggest companies in the world produce and sell oil and...
The success of the energy transition hinges on the availability of affordable capital to fund clean energy projects. The rise of green industrial policy in wealthy economies has...
In a new partnership with Google, the Environmental Defense Fund has developed a satellite that will orbit the Earth fifteen times a day and monitor methane emissions.
Brazil is in a strategic position when it comes to energy and climate issues. It holds the presidency of the G20 nations this year and the UN climate...
One of the enduring mysteries of the European gas market landscape has been the relative lack of recovery in industrial gas use following the 2022 global energy crisis.
Reuters recently reported that, for the first time, the Government of India will invite private companies to invest in nuclear electricity projects to ramp up growth in this...