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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWidening gap between climate ambitions and today's energy reality: Center on Global Energy PolicyJason Bordoff, founding director at the Center on Global Energy Policy at Columbia University, says the energy transition needs to move "a lot faster."
Persons: Jason Bordoff Organizations: Global Energy, Center, Columbia University
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreat power rivalries could derail the energy transition, professor saysJason Bordoff, founding director of the Center on Global Energy Policy at Columbia University, discusses how elections throughout the world in 2024 might affect climate policy and what needs to be done to speed up the energy transition.
Persons: Jason Bordoff Organizations: Center, Global Energy, Columbia University
The agreement, known as the global stocktake, was hailed as "historic" by COP28 President Sultan al-Jaber during his closing speech. Samuel Corum | Getty Images News | Getty ImagesU.S. climate envoy John Kerry said Wednesday that the COP28 agreement "sends very strong messages to the world." The fight to end oil, gas and coal must now be taken up at the country level with the United States leading the way. Fossil fuels and climate financeUnder Biden, the U.S. passed the most aggressive climate investment ever taken by Congress, a bill known as the Inflation Reduction Act. Nonetheless, the White House has frequently received sharp criticism over its plans to expand oil and gas production.
Persons: Joe Biden, Cyril Ramaphosa, Joe Biden's, Sultan al, Jaber, Samuel Corum, John Kerry, Kerry, Jean Su, Jason Bordoff, Su, Nikki Reisch, Reisch, Biden, Jennifer Granholm, Brandon Bell Organizations: White, Washington , D.C, Bloomberg, Getty, European Union, Washington Hilton, United, Center for Biological, . Energy, Administration, Russia, Center, Global Energy, Columbia University, CNBC, Center for Biological Diversity, Center for International Environmental, U.S, Biden, Marathon El Locations: South, Washington ,, Connecticut, Washington , DC, United States, China, U.S, Saudi Arabia, Russia, Ukraine, America, Marathon El Paso Refinery, El Paso , Texas, The U.S
“We are in one of the most fragile junctures for the world economy.”Mr. Gill’s assessment echoes those of other analysts. Tensions between the United States and China over technology transfers and security only complicate efforts to work together on other problems like climate change, debt relief or violent regional conflicts. If the conflict stays contained, though, the ripple effects on the world economy are likely to remain limited, most analysts agree. At the moment, the United States is the world’s largest oil producer, and alternative and renewable energy sources make up a bit more of the world’s energy mix. “It’s a highly volatile, uncertain, scary situation,” said Jason Bordoff, director of the Center on Global Energy Policy at Columbia University.
Persons: ” Mr, Gill, Mr, Jamie Dimon, JPMorgan Chase, Jerome H, Powell, , Jason Bordoff, Bordoff Organizations: JPMorgan, Hamas, Federal Reserve, Center, Global Energy, Columbia University Locations: Gaza, United States, China, Israel, Egypt, Syria, U.S, Europe, Iran, Persian
Fifty years ago this month, Arab members of the Organization of the Petroleum Exporting Countries cut off oil shipments to the U.S. in retaliation for American support of Israel during the 1973 Arab-Israeli War. The resulting energy crisis shocked the American people and rocked the economy. Iconic images of boxy sedans and wood-paneled station wagons lined up for miles at the gas pump were seared into our national memory. Even the White House Christmas tree was not spared, remaining unlit as a sign of austerity.
Organizations: Organization of, Petroleum Locations: Israel
It also processes the bulk of the so-called critical minerals, like lithium, cobalt and graphite, that are essential to building out clean energy technologies. There is no clean energy revolution without China. What would happen if China decided to weaponize its clean energy resources in the same way Russia recently weaponized its oil and gas? Is it possible for the U.S. to end its energy dependency on China by investing in clean energy at home? Bordoff is the founding director of the Center on Global Energy Policy at Columbia University and a former senior director for energy and climate change for the National Security Council under Barack Obama.
Persons: , Ezra Klein, Jason Bordoff, Meghan O’Sullivan, Barack Obama, O’Sullivan, George W, Bush Organizations: Apple, Spotify, Amazon Music, Google, Center, Global Energy, Columbia University, National Security, Belfer Center for Science, International Affairs, Harvard Kennedy School Locations: China, Russia
If you’ve been listening to the world’s major energy companies over the past few years, you probably think the clean energy transition is well on its way. The company also raised its dividend, diverting money that could be used to develop clean energy. BP’s share prices surged earlier this year when the company walked back its plan to reduce oil and gas output. The industry can point to efforts to reduce emissions and pursue green energy technologies. But those efforts pale in comparison with what they are doing to maintain and enhance oil and gas production.
Persons: Shell Organizations: International Energy Agency
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailColumbia University's Jason Bordoff on the fate of energy flows amid green transition, Ukraine warJason Bordoff, founding director of the Center on Global Energy Policy at Columbia University, speaks on how the green transition, underinvestment and the Ukraine war affect energy flows.
The new emergency exchange is aimed at addressing “potential supply disruptions” caused by the shutdown of the Keystone Pipeline due to a leak earlier this month, the Energy Department said. Unlike with emergency sales such as the record-setting release of 180 million barrels announced in March, this oil must be returned. “Small but a signal that pledges to refill are credible,” former Obama energy official Jason Bordoff said on Twitter in response to the new steps. Prices are currently in a “very useful” range to begin the process of refilling the SPR, the senior administration official said. Noting that gas prices are now at 15-month lows, the senior administration official said that historic release “helped provide some breathing room for American families at the pump,” the official said.
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