Thanks to many colleagues at Columbia Center on Global Energy Policy for the #globalenergysummit this week and our participation. Insightful and timely. Several takeaways on recent political/security events and energy markets: - There is a structural change in #risk profile; - #Geopolitical risk is the most cited #macroeconomic concern by international institutional investors; - Shift towards government intervention as #governance models have been ineffective; - The rise of #defense expenditures will impact energy markets as well.
Efraim Chalamish’s Post
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Wars, polarization and political divides will challenge #governments and the private sector to secure energy supplies while also navigating investments for #EnergyTransition. Learn more in latest #LookForward research: https://ow.ly/iIpo50R6zfs
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Politics matters. A pivotal moment for the US #energytransition lies ahead. The results of the election could see investment in the energy and natural resources sectors play out in very different ways. This is a fascinating analysis. Read this month’s #WMHorizons insight as we set out a delayed transition scenario for the US: https://okt.to/EeKBMu
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🇺🇲 💡 From Advisor and Senior Fellow Paul H. Tice in The Wall Street Journal: How do we reclaim a rational energy policy? As President-elect Trump prepares to take office, there’s a unique opportunity to realign U.S. energy policy with core principles: Reliability, abundance, and affordability. But to make lasting change, we must move beyond quick executive fixes and tackle the climate bureaucracy head-on. ✅ End the Paris Agreement Limbo: Submit it to the Senate for a decisive vote, ensuring U.S. energy policy is back under American control. ✅ Reform the 2009 Endangerment Finding: Rein in EPA overreach by reasserting congressional authority over the Clean Air Act. ✅ Depoliticize Energy Policy: Let the public, not regulators, shape the nation’s direction through open debate and legislation. Toppling the regulatory house of cards doesn’t just restore sound policy—it dismantles the ESG investing agenda dominating Wall Street. With unified leadership in Washington, there’s no excuse for ignoring this critical challenge. 🛠️ According to Mr. Tice, the path is clear: Real action, real reform. What are your thoughts on the path to securing America’s energy future? Link to article in comments ⤵️ #EnergyPolicy #ClimateAction #ESG #NaturalGas #TrumpAdministration
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🌍💰 The future of international climate finance hangs in the balance as the U.S. heads toward the 2024 election. In this #EnergyExplained post from our election blog series, CGEP senior research scholar Dr. Gautam Jain examines the stark contrast between Kamala Harris and Donald Trump regarding climate funding. Harris is expected to continue enhancing international climate finance, significantly increasing commitments made under the Biden administration. In contrast, Trump's presidency could see a rollback of these initiatives and a potential withdrawal from the #ParisAgreement. Despite market-driven growth in clean energy investments, the political landscape will play a critical role in shaping the pace and scale of funding needed to address the climate crisis. Read more: https://lnkd.in/eitkxR73
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How might U.S.-European energy relations evolve after the 2024 election? In this #EnergyExplained blog post of our election series, CGEP research scholars Jonathan Elkind and Anne-Sophie Corbeau discuss how the next U.S. president could impact this trans-Atlantic relationship. With the European Union advancing on ambitious climate goals, energy security, and critical mineral supply chains, U.S. policies will play a pivotal role. Read more on how these outcomes could reshape U.S.-European cooperation: https://lnkd.in/eitkxR73
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On climate, the federal government should play offence, not defence 'The reality is that climate action is, of course, the only way to protect our way of life — the pastimes we treasure, the experiences we grew up with and want to pass down to our kids. It’s also the only way to build a sustainable economy and lower energy bills long term as we free ourselves from the volatile geopolitics of fossil fuels. This shouldn’t be a shield issue for the federal government. After April 1, the real question on repeat should be: What would the Opposition and certain premiers do instead, as Prime Minister Justin Trudeau rightly recently asked? How would they protect us from the environmental, economic and costly impacts of climate change? How would they help Canada keep up as the world transitions away from fossil fuels? Silence should be a scandal.' Conservative Party of Canada Pierre Poilievre
There are a million carbon pricing opinion pieces going around right now. Read this one though. 👇 From Clean Energy Canada's ever eloquent, Trevor Melanson.
On climate, the federal government should play offence, not defence
nationalobserver.com
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In summary, the main drivers behind the need for global energy governance are the rise of new consumers, increasing influence of state players, concerns about climate change, global energy market changes, energy security, global cooperation, institutional adaptability, financial risk management, emergency response mechanisms, and a holistic approach to energy policy. #global energy governance
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The Inflation Reduction Act pours hundreds of billions of dollars into clean energy. But the longterm, indirect effects may be just as important in building the energy system of the future. This article explains the economic, regulatory, and political dynamics that amplify the IRA's effectiveness. https://lnkd.in/gQnNywR8
Turning Point: Green Industrial Policy and the Future of U.S. Climate Action
scholarship.law.tamu.edu
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The 2024 presidential #election presents the US #energy commodities sector with a big dose of uncertainty about the regulatory, tax and #climate policies ahead in the next four years. Check out our latest #infographic to learn more about the energy implications of a #Trump or #Harris win. https://okt.to/Je5LAq
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