View / Hormuz limbo is now global oil’s top risk
Lost supply and a projected demand rebound have placed the oil market in a fragile equilibrium.
The Center on Global Energy Policy hosted a forum on The Energy and Climate Nexus. This event examined the various changes to our energy system that could help keep climate change below a two degree threshold and help meet the goal of a sustainable energy future, including: – Significantly increasing renewable energy deployment; – Accelerating Carbon Capture and Storage (CCS), and negative carbon emissions technologies; – Deploying next generation nuclear technology. Center Fellow Nobuo Tanaka, former Executive Director, International Energy Agency (IEA), offered brief framing remarks. Following his remarks, Center Director Jason Bordoff moderated a discussion with Dr. Klaus Lackner, Director of the Center for Negative Carbon Emissions, and Professor at the School of Sustainable Engineering and the Built Environment, Arizona State University, and former Professor of Geophysics and Director of the Lenfest Center for Sustainable Energy at Columbia University; Ted Norhaus, Chairman, The Breakthrough Institute; Nobuo Tanaka, and; Ethan Zindler, Head of Policy Analysis, Bloomberg New Energy Finance.
Abundance and affordability have become buzzwords among policymakers, who often have sharply different interpretations of how to attain them. To some, an energy abundance agenda means fewer regulatory...
It started last year as a pressure campaign at sea, with the United States seizing tankers as part of what President Trump called a “total and complete blockade”...
Over the past five months, the Strait of Hormuz has been closed for extended stretches of time, disrupting roughly 10 to 15 million barrels of oil supply each...
As the demand for power surges across the US, the debate over how to build energy infrastructure has reached a fever pitch. And while both sides of the...
The centre of gravity of the global energy system has definitively shifted eastward, driven by rapid industrialisation, expanding urban populations, and rising
Data centers face growing local opposition as states impose moratoriums on hyperscale projects and grid connections. Communities can negotiate deals for tax revenue and jobs.
By almost any measure, the world should be suffering a far more severe energy crisis.
The ongoing disruption of oil exports through the Strait of Hormuz has caused a substantial decline in China's crude oil imports.