Everyone Wants in on Brazil’s Rare Earths
But is Brasília ready to meet the moment?
Founding Director, Center on Global Energy Policy; Professor, Columbia SIPA; Professor and Co-Founding Dean Emeritus, Columbia Climate School
In 2020, Europe passed a landmark climate package called the Green Deal. It was supposed to mark a new era of climate progress for the region.
Few expected that two years later, Europe would be burning more coal, importing more liquified natural gas, shifting from gas to oil for industry, and spending more money to subsidize fossil fuel consumption. Europe’s energy crisis, many years in the making, has been exacerbated by Russia’s invasion of Ukraine – and the subsequent turmoil in regional and global energy markets.
The past six months have proven how the global energy transition will play out in chaotic and non-linear ways.
So what will today’s energy crisis mean for the energy transition? How will governments around the world react to today’s supply shortages and price spikes? And what does the wild ride for commodities and energy pricing mean for security and climate goals around the world?
This week, we’re running an episode of the Foreign Affairs Interview podcast featuring our co-host, Jason Bordoff, and Meghan O’Sullivan, a professor of international affairs at the Harvard Kennedy School.
Meghan is the author of “Windfall: How the New Energy Abundance Upends Global Politics and Strengthens America’s Power.” And she served as deputy national security adviser for Iraq and Afghanistan during the Bush Administration.
In June, Jason and Meghan joined host Dan Kurtz-Phelan to discuss their recent articles on the ongoing energy crisis. They talked about market volatility, President Biden’s trip to Saudi Arabia, and why energy is still so central to geopolitics.
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 energy transition is in the midst of its own transition. Spiking electricity demand and geopolitical events are driving up energy prices, while debates over the best sources...
Yesterday, the US and Iran signed a memorandum of understanding starting the clock on a 60-day truce. The agreement intends to halt attacks, begin lifting the US naval...
The US-Israeli war against Iran highlights the Gulf’s dual role as the backbone of global energy supply and a major source of systemic risk.
Within days of the initial U.S. and Israeli attack on Iran on February 28, 2026, the world was plunged into an energy crisis.