Oil rises after Trump signals Hormuz blockade on Iran
Oil prices rose on Tuesday after Donald Trump said the US would reinstate a blockade of Iranian vessels in the Strait of Hormuz
The Covid-19 pandemic continues to take a massive toll on the U.S. economy, causing widespread job loss and suffering. Congress and the Federal Reserve have moved quickly to respond with trillions of dollars of support, and the Democratic House last week passed another stimulus bill for a staggering $3 trillion. As governments around the world spend money to support businesses and workers, there is a critically important conversation to be had about how we spend that money and whether it is possible to not just get the economy back on its feet, but build a cleaner economy too and make investments today that will help to advance the clean energy transition.
In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Jason Furman to hear about how the progressive economic policy community thinks about greening economic recovery. From an economic standpoint, what needs to be done to rebuild the economy, what are the criteria for smart stimulus policies, and how might other social objectives like climate change be considered through that lens.
Jason is Professor of the Practice of Economic Policy at Harvard Kennedy School. He is also nonresident senior fellow at the Peterson Institute for International Economics. Previously, he served for eight years as a top economic advisor to President Obama, including as his chair of the Council of Economic Advisers. He also worked at the Brookings Institution, where he worked with Jason Bordoff, and was a Director of the Hamilton Project and Senior Fellow. He holds a Ph.D. in economics from Harvard University.
Nearly a month after a ceasefire, the US-Iran deal seems to have all but collapsed as both nations have slipped back into active conflict. On Sunday, Tehran announced...
In the 23 days since the US and Iran agreed to a ceasefire, strikes have returned, following a familiar pattern: Iran attacks vessels using an internationally backed sea...
Grid operators sit at the center of many of the biggest forces reshaping the global energy system. They’re navigating rising electricity demand, a lack of transmission infrastructure, shifting...
Concerns about the affordability of electricity in the US have been rising along with prices. And while the headlines have pointed to AI and data centers as the...
The Iran crisis, whenever it ends, will materially change how the LNG market operates.
The Center on Global Energy Policy is providing live updates on key developments related to the Iran crisis. Check back here for the latest.