Global energy markets are in flux, from the rapid growth in renewable energy production and falling technology costs to talk of peak demand and calls for urgent action on climate change. At the same time, greenhouse gas emissions went up last year at the fastest rate they have since 2011, and we saw growth in coal, oil and gas production and consumption. When it comes to energy and climate issues, there’s tension between the rhetoric, our ambition, and the reality of the facts on the ground.
In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Dr. Christof Rühl, an internationally renowned economist specializing in macroeconomics and energy economics. Christof served as Chief Economist at BP for nearly a decade, and most recently, was the Head of Research at the Abu Dhabi Investment Authority.
Jason and Christof discuss how energy markets are impacting geopolitical risk and the global economy — from sanctions to trade wars and the escalating tensions in the Straits of Hormuz. They discuss the shale revolution, and its global implications as the U.S. becomes a major exporter of both natural gas and crude oil. They also discuss plastics, electric vehicles and new technologies from advanced nuclear to battery storage and hydrogen, and the role they might play in the energy transition.
Almost 30% of electricity in the western United States comes from hydroelectric dams. But what…
The Inflation Reduction Act, passed last year, aims to accelerate the clean energy transition, and…
States’ net zero and clean-energy goals are requiring the electricity sector to reduce emissions. Getting…
With Russian oil and gas deliveries a fraction of what they were before the war…
This report examines the prospects of supplying gas from the Eastern Mediterranean to Europe from a technical, geopolitical, and economic perspective.
On January 25, 2023, the Center on Global Energy Policy (CGEP), Columbia University SIPA, hosted...
Achieving the goal of net-zero greenhouse gas emissions by 2050 requires a substantial reduction in the share of high-emitting fossil fuels in primary energy consumption.