Trump promoted fossil fuels. His war is pushing the world away from them.
As oil prices spike, governments are slashing fuel use and eyeing renewables — threatening to erode global demand for fossil energy.
Op-eds & Essays by Jason Bordoff • September 01, 2017
Writing on CNBC.com, Jason Bordoff discusses the five lessons US energy markets must learn from Hurricane Harvey’s devastation.
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As Houston and other Texas communities begin taking stock of the deadly devastation left by Harvey, the storm’s impacts on the energy sector are being felt far and wide—in ways not seen before, reflecting how dramatically the U.S. energy landscape has changed in the last decade.
The U.S. Gulf Coast energy hub is no stranger to extreme weather. In 2005, Hurricanes Katrina and Rita ravaged the region’s refining capacity, production and pipeline operations. The industry learned critical lessons about resilience from the deadly storms, but the years since have seen massive changes to the sector that have altered the U.S. economy, the nation’s energy outlook and global markets. It has also brought new risks to all three, some of which are only now being realized.
You can contiute to read the full op-ed here:Â https://www.cnbc.com/2017/09/01/after-harvey-5-lessons-us-energy-markets-must-learn-commentary.htmlÂ
On March 20, Governor Kathy Hochul proposed significant changes to New York’s Climate Leadership and Community Protection Act (CLCPA), the landmark climate law passed in 2019.
In January 2026, the UK government publicly released an intelligence report analyzing the security implications of global environmental destruction.
Models can predict catastrophic or modest damages from climate change, but not which of these futures is coming.
Full report
Op-eds & Essays by Jason Bordoff • September 01, 2017