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Columbia Energy Exchange features in-depth conversations with the world’s top energy and climate leaders from government, business, academia and civil society. The program explores today’s most pressing opportunities and challenges across energy sources, financial markets, geopolitics and climate change as well as their implications for both the U.S. and the world.
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Rising electricity demand. Heightened geopolitical tension. Fragility in energy markets. These are some of the big stories shaping the energy transition outlined in the International Energy Agency’s newest World Energy Outlook. Even as the IEA says the world is shifting from the "Age of Oil" to the "Age of Electricity," we are still far from achiev…
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In passing and signing the Inflation Reduction Act in 2022, Congress and the Biden administration infused hundreds of billions of dollars into the energy transition. It was the largest investment in energy and climate in U.S. history. At the same time, the law left many countries worried over provisions requiring domestic manufacturing, which some …
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In 1953, the New York Yankees beat the Brooklyn Dodgers in the World Series, “From Here to Eternity” won the Academy Award for Best Motion Picture. And on May 24 deep in the education section of The New York Times, there was a short piece titled “How Industry May Change Climate.” In the years after, scientists went from writing about the possible i…
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Emerging markets and developing economies are set to account for the largest source of emissions growth in the coming decades, according to the International Energy Agency. As population growth in developing countries around the world increases, so will their demand for energy. And historically, these countries have looked to fossil fuels to suppor…
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The artificial intelligence boom is fueling a massive uptick in energy demand globally. A Goldman Sachs report from earlier this year claimed that processing a single ChatGPT query requires almost ten times the amount of electricity as a single Google search. But it’s not just ChatGPT queries driving up demand. As we transition to more renewable en…
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Escalating tensions between Israel and Iran, the world’s seventh-largest producer of crude oil, have fueled concern over oil price volatility for the past few weeks. But the oil market isn’t reacting to geopolitical tensions in the Middle East as dramatically as it has in the past. Despite an ongoing war in Gaza and Israel, Israel’s attack on Hezbo…
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Europe is facing a critical challenge. When it comes to advanced technology innovation, labor productivity, and affordable energy, it's not keeping up with the U.S. and China. At least that’s the take from Mario Draghi, former European Central Bank president, in his European Commission report last month titled, “The Future of European Competitivene…
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According to recently released data, Norway is the first country in the world with more electric vehicles than gas-powered ones on the road. At the same time, the country is western Europe's largest oil and gas producer, with a total output of over four million barrels of oil equivalents per day. While the country aims to be carbon neutral by 2030,…
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Back in 2012, the Department of Defense issued a first-of-its-kind “Climate Change Adaptation Roadmap.” It was designed to prepare the U.S. military for increasing threats to national security in the form of rising sea levels, increasing global temperatures, and growing conflicts over basic resources like food and water. It stated that “Climate cha…
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It’s no secret that Republicans and Democrats don’t see eye to eye on climate change. According to a Pew Research Survey conducted earlier this year, just 12% of Republicans and Republican-leaners think climate change should be a top priority for the president and Congress. Meanwhile, the official 2024 Democratic party platform states there’s “noth…
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Thanks to the Bipartisan Infrastructure Law and the Inflation Reduction Act, the Department of Energy has been flush with cash for the past couple of years. Between the two measures, the DOE now has nearly $100 billion to put toward clean energy and grid development projects around the country through funding and loans. There’s an expectation that …
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China’s dominance of global supply chains for many goods, including clean energy technology, is increasing concerns about resilience, security, and geopolitical influence in today’s new era of great power competition. At the same time, efforts to curb China’s dominance are raising concerns about the cost of clean energy at a time when its rapid dep…
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In 1953, the New York Yankees beat the Brooklyn Dodgers in the World Series, “From Here to Eternity” won the Academy Award for Best Motion Picture. And on May 24 deep in the education section of The New York Times, there was a short piece titled “How Industry May Change Climate.” In the years after, scientists went from writing about the possible i…
  continue reading
 
With her historic victory in Mexico’s presidential election in June, Claudia Sheinbaum will be the country’s first-ever female leader. And because of her background as a climate scientist who contributed to influential UN climate reports, many hope she will reverse Mexico’s drift away from climate leadership. But it’s not simple. Sheinbaum is a pol…
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Global clean energy investment has risen by 40% since 2020, reaching an estimated $1.8 trillion in 2023, according to the International Energy Agency. The cost of wind, solar, and batteries have fallen rapidly, often competing with fossil fuels, thanks to tech innovations, manufacturing scale, and policy support. But the world still isn’t on track …
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Following decades of economic integration, the cost of clean energy technologies have fallen sharply. But the rising costs of fragmentation, industry-friendly policies, and geopolitical tensions risk slowing the energy transition. With the recent launch of the Trade and Clean Energy Transition initiative, the Center on Global Energy Policy has prio…
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So far this summer, politics has dominated the news. Which makes sense – it’s a presidential election year after all. But climate change and its effects haven’t gone anywhere and are getting worse. Just last week, Europe’s climate change service Copernicus announced that Earth hit the hottest temperature ever recorded for two consecutive days. The …
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Russia’s energy exports, including its significant natural gas capacity, are geopolitical currency for the country. Before Russia’s invasion of Ukraine, Russia was Europe’s single largest supplier of imported natural gas. But since the global fallout after the invasion, Russia is setting its sights on China as a new market for the country’s gas and…
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Energy is central to economic development, and access to energy is intrinsically linked to prosperity. As standards of living improve, energy use could double by the end of the century with a majority of this growth occurring in the developing world. Meeting this demand with zero-carbon, affordable energy is a herculean task. Powering economic grow…
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On June 28, 2024, the U.S. Supreme Court overturned a 40-year precedent established in the landmark 1984 case, Chevron v. Natural Resources Defense Council. The precedent, commonly referred to as the “Chevron Doctrine,” gave federal agencies considerable discretion to interpret laws passed by Congress when implementing regulations and policy. But w…
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Throughout the world, climate change is influencing human mobility. In a 2022 report, the Intergovernmental Panel on Climate Change found that devastating floods and storms have triggered the displacement of 20 million people per year since 2008. While migration is influenced by many factors, including socio-economic status and political stability,…
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Demand for the critical minerals needed for batteries, solar panels, and other forms of clean energy will grow rapidly under the International Energy Agency's “net zero by 2050” scenario. And this gives mineral rich countries like Chile an outsized role in the energy transition. Chile currently holds more than a third of the world's lithium reserve…
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Recent elections in the European Union shook up the continent’s climate politics. Far-right parties performed well in both the EU’s parliament and national governments, and the Greens lost nearly all of their gains over the past five years in the European parliament. Voters pointed to energy costs, security, and economic competitiveness as key fact…
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In the next few months, heat waves, droughts, thunderstorms, and hurricanes will wreak havoc on regions around the world. Climate scientists say these events are becoming more extreme and dangerous thanks in part to the changing climate. For example, the National Oceanic and Atmospheric Administration’s outlook for the 2024 hurricane season, which …
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The elections for the European Parliament will take place in a couple of days, and polls currently suggest the Parliament will undergo a rightward shift. The last elections five years ago in 2019 saw major electoral gains for the environmentalist parties and popular support for ambitious energy transition plans. But the upcoming elections come foll…
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