The transportation sector is responsible for more than half of global oil demand, with passenger vehicles and trucks making up by far the largest fraction.
Oil is the world’s most actively traded commodity, but forecasts vary as to whether it will start to wane in the decades to come. Understanding the changes that are sweeping through the oil industry and market today are key to understanding the outlook for economic growth, climate change, and geopolitical conflict.
As climate change continues to unfold around the globe, environmental, social, and governance (ESG) concerns are increasingly driving investment decisions. This is especially true for investors in the oil and gas sector, which accounts for an outsized share of global greenhouse gas (GHG) emissions.
The clean energy transition requires a substantial study and understanding of financial and economic tools. Leveraging funding is crucial to effectively invest in clean energy innovations—to cut air pollution, reduce dependence on fossil fuels, and fight climate change.
Read the Report On November 16, the Center on Global Energy Policy (CGEP) at Columbia...
Oil is the world’s most actively traded commodity, but forecasts vary as to whether it will start to wane in the decades to come. Understanding the changes that are sweeping through the oil industry and market today are key to understanding the outlook for economic growth, climate change, and geopolitical conflict.
Read the Report Background On October 18, 2021, Columbia University’s Center on Global Energy Policy...
The global gas market is undergoing a period of profound transformation as a result of new sources of supply, demand, changing trade patterns, and technological and policy shifts. The transition to a low-carbon economy and efforts to curb air pollution are also key policy aims that will impact the role of gas in the future energy mix.