Global energy markets are in the midst of a historic transition, from the Paris climate agreement and rapidly falling renewable energy costs to the collapse of oil prices and the US shale boom. The changing dynamics highlight why collecting and analyzing the fundamentals of the global energy market is critical for developing sound energy and economic policy. This task has only become more difficult with the pace of technological change in the energy sector, growing climate policy efforts, and the shifting dynamics of geopolitics.
On this episode of Columbia Energy Exchange, host Jason Bordoff sits down with Adam Sieminski, Administrator of the US Energy Information Administration (EIA), to discuss future trends in energy and the way EIA collects and analyzes data. Among the topics they discussed:
This podcast was originally recorded on June 9, 2016.
It has now been just over a year since the US signed into law the Inflation Reduction Act and already, it has been followed by more than US $110 billion in clean energy investments.
Rising debt levels and the ravages wrought by climate change present acute threats to achieving sustainable development goals in emerging market and developing economies.
As the world races to transition to cleaner energy sources, there exists a substantial gap between the financing required for this transition and the actual investments being made.