Disrupted Energy Markets: Fossil Revival or Renewable Opportunity?
As Russia’s invasion of Ukraine and other economic pressures disrupt global energy markets, even insiders are scrambling to make sense of this moment. How are surging fossil fuel prices, changes in policy, and supply chain turmoil affecting US climate goals?
Climate One · Climate One from The Commonwealth Club
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Show Notes
As Russia’s invasion of Ukraine and other economic pressures disrupt global energy markets, even insiders are scrambling to make sense of this moment. Ahead of the midterm elections, the Biden administration has signaled it wants more oil and gas now to ease the pain of surging fuel prices while maintaining support for cutting carbon emissions. Oil and gas aren’t the only commodities affected by market chaos. The supply chain, including for clean energy technology, has also been disrupted. How are surging fossil fuel prices, changes in policy, and supply chain turmoil affecting US climate goals?
Guests:
Kate Larsen, Partner, Rhodium Group
David M. Turk, Deputy Secretary, US Department of Energy
Justin Guay, Director, Global Climate Strategy, Sunrise Project
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