On this episode of Columbia Energy Exchange, host Jason Bordoff is joined by Lord Adair Turner, Senior Fellow at the Institute for New Economic Thinking, Chair of the Energy Transitions Commission, and former Chair of the UK Parliament’s Climate Change Committee. In November 2018, the Energy Transitions Commission published a report entitled ‘Mission Possible: Reaching net-zero carbon emissions from harder-to-abate sectors by mid-century’. The report outlines the possible routes to fully decarbonize cement, steel, plastics, trucking, shipping, and aviation – which together represent 30% of energy emissions today and could increase to 60% by mid-century. Lord Adair Turner and Jason discuss the report in detail – its findings, recommendations, and implications for the energy transition. We also hear Lord Adair Turner’s thoughts on an array of issues, including climate change, the proposed Green New Deal, and the broader role of government in the energy transition.
On June 1, 2023, Dr. Melissa Lott, Director of Research and Senior Research Scholar, testified before the Senate Energy and Natural Resources Committee on electric reliability in the United States.
In June 2022, the European Commission allowed Spain and Portugal to decouple the price of gas from that of electricity for 12 months.
National oil companies (NOCs) produce about half of the world’s oil and own the bulk of oil and gas reserves. They are also large issuers of bonds held by international financial institutions. Their ESG risks should be a matter of great concern.