How a US-China trade war puts the Middle East in a bind
Analysis: The Middle East may be caught in the crossfire of a US-China trade war, navigating economic uncertainty without wanting to pick a side.
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America’s preferences for energy have changed substantially over the past decade, with natural gas, renewable energy and energy efficiency all recording big gains. Now, a new report from Bloomberg New Energy Finance (BNEF) and the Business Council for Sustainable Energy sheds light on just what happened over that time and suggests what may lie in store over the next 10 years.
In this edition of Columbia Energy Exchange, host Bill Loveless is joined by Ethan Zindler, head of Americas for the research service BNEF, and Lisa Jacobson, president of the Business Council for Sustainable Energy, a coalition of companies and trade associations from the energy efficiency, natural gas and renewable energy sectors.
The topic is the eighth edition of the “Sustainable Energy in America Factbook,” which the two organizations publish each year. This latest report chronicles the transformation in energy taking place in the U.S. not only for the year 2019 but also for the last 10 years. It’s full of details regarding the improving energy productivity of the U.S., the increasing competitiveness of renewable energy, the impact of record U.S. gas production on electric power supplies, and the often-overlooked advantages of energy efficiency.
Bill talked with Ethan and Lisa about these developments, and what may lie in store over the next decade or so for gas, renewable energy and energy efficiency, including how sustainable commitments to gas will be given growing concerns over carbon emissions from that fuel.
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