Writing on CNBC.com, CGEP Fellow Carlos Pascual writes that for the next U.S. president, no foreign policy choice will be more important than deciding whether and how to end a stalemate of conflict in the Middle East. The challenges will be daunting. But turning a blind eye to the region’s deteriorating realities will ensure that the dangers and threats only grow, he argues.
This report examines the prospects of supplying gas from the Eastern Mediterranean to Europe from a technical, geopolitical, and economic perspective.
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.
It has been over two months since the European Union (EU) ban on Russian crude oil entered into force, triggering friction in oil markets and petroleum supply chains.