Power prices are expected to soar under new tax cut and spending law
In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank.
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The energy sector landscape is experiencing profound change, complexity and uncertainty–from the impacts of Covid-19 on the global economy and the prospect of reaching peak oil demand, to a rapidly rising recognition of the urgency of combating climate change and accelerated investments in low-carbon technologies. The United Arab Emirates is at the center of these shifts, both as a major Middle Eastern producer of oil and gas but also as an investor in new emerging technologies and low-carbon energy sources.
In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Musabbeh Al Kaabi, Chief Executive Officer of the Petroleum & Petrochemicals platform at Mubadala, a sovereign investment firm in Abu Dhabi. Jason and Musabbeh discuss what sectors and regions a company like Mubadala is prioritizing in its investment decisions, particularly in the wake of the Covid-19 pandemic and ambitious regional and corporate carbon policy commitments.
Prior to his current role, Musabbeh was the CEO of Mubadala Petroleum, Mubadala’s exploration and production company, from 2014 to 2017. Musabbeh holds a degree in Geophysical Engineering from Colorado School of Mines and a Master of Science in Petroleum Geoscience from Imperial College, London.
Many parts of the US have experienced brutal, deadly heat in recent weeks—and there’s plenty of summer left. Intense rainfall, made more likely by warming, dropped more than...
Artificial intelligence is transforming our world—and the energy sector. Earlier this year, the International Energy Agency (IEA) released a comprehensive report examining both AI’s projected energy demands and...
The global energy landscape is shifting right now. Geopolitical tensions in the Middle East, debates about peak oil demand, and waning support for climate action in some parts...
Just two days after President Trump deployed America’s military to attack Iranian nuclear development sites, a shaky ceasefire between Israel and Iran brokered by President Trump emerged. So...
This special CGEP blog series, featuring six contributions from CGEP scholars, analyzes the potential impacts of the OBBBA across a range of sectors.
The US Department of Defense has announced a multibillion-dollar public-private partnership with MP Materials.
This report explores how residents of North Lawndale, a predominantly Black and historically under-resourced neighborhood on Chicago’s West Side, experience the compounded effects of heat waves and power outages.
The report outlines five foundational choices if a stockpiling strategy is adopted, as bipartisan support suggests is possible.