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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America’s Energy Race Against China
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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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The Untold History of Climate Science and Politics
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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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Mexico's New Climate-Conscious Leader Faces Deep Energy Challenges
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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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Getting Educated on a Clean Energy Future
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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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Re-run: ‘Reforming the Global Trading System’
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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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Re-run: 'Climate Change in the American Mind'
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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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Global Gas Dynamics as Russia Pivots Markets to China
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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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Understanding the Scale of the Energy Transition
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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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What the Chevron Decision Means for U.S. Regulators
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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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How Climate Change is Impacting Human Migration
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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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What the EU’s conservative shift means for climate
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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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Summer Outlook: What to Make of Extreme Weather Predictions
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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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What’s Next for Europe’s Energy Transition?
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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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On May 8th, the U.S. Department of Energy proposed ten new “national interest electric transmission corridors” – a designation that allows the federal government to accelerate projects in areas where consumers are harmed by lack of transmission. Days later, on the 13th, the Federal Energy Regulatory Commission released Orders 1920 and 1977. Both of…
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Can Industry Eliminate Its Carbon Pollution?
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Industry accounts for one-third of global greenhouse gas emissions, a share that will only increase in the coming years. Other high-emission sectors, like electric power and transportation, are cutting emissions through renewables and electrification. But the pathways to reducing emissions from manufacturing materials such as iron, steel, chemicals…
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EPA Cracks Down on Power Plant Emissions
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In April, the Environmental Protection Agency passed four new rules to reduce pollution from fossil fuel-fired power plants. One of the new rules requires many new gas and existing coal power plants to control 90 percent of their carbon pollution if they plan to operate beyond 2039. The other three rules specifically target coal, requiring the indu…
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Navigating Indonesia’s Energy Transition
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Indonesia’s economy is closely tied to its natural resources. It’s the world’s fourth largest producer of coal, and Southeast Asia’s largest gas supplier. But even with its connection to fossil fuels, the country’s population strongly supports climate goals. In this year’s presidential election, every candidate advocated for the energy transition a…
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Indigenous Rights in the Energy Transition
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Across the U.S., large scale renewable energy projects, transmission lines, and mining sites for critical minerals are built on or near tribal lands. For example, the federal government plans to loan billions of dollars to Lithium Americas to develop a lithium mine in Nevada at a location known as Thacker Pass, sacred to local Paiute and Shoshone p…
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Geopolitics looms large over the global economy. A recent client survey by Goldman Sachs found geopolitics is the top investment risk of this year, overtaking inflation and the upcoming U.S. presidential election. The market impacts by the wars in Europe and the Middle East, and the rising tension between China and Taiwan, are hard to predict. And …
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E-Fuels: A Drop-in Solution for Transport?
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Cleaner alternatives to the oil and gas that power vital industries are necessary for economy-wide decarbonization. E-fuels, or electrofuels, are touted as a carbon neutral solution for the hard-to-decarbonize sectors that rely on energy dense fossil fuels. E-fuels are made by combining hydrogen with carbon dioxide. Through the electrolysis process…
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From methane monitoring to integrating more renewables into the power mix, artificial intelligence has the potential to transform the energy transition. It can be used to reduce emissions from food systems, and hard-to-abate sectors, like steel and cement manufacturing. But the amount of energy AI will require is generating interest, uncertainty an…
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On March 6, the U.S. Securities and Exchange Commission (SEC) adopted new rules to standardize climate-related disclosures for public business and public offerings. Hoping to provide investors with consistent and comparable information, the Commission’s new rules require companies to disclose emissions and the expenses and losses associated with cl…
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Oil and Gas in the Energy Transition: An NGO Perspective
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Methane leakage is one of many issues at the forefront today over how the oil and gas industry is engaging in the clean energy transition. Importantly, this industry includes not only some of the better-known energy companies, but also many national oil companies. Collectively they produce about half the world’s oil and gas. During last year’s COP2…
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Navigating Uncertainty in the Energy Market
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To limit global warming to 1.5°C above pre-industrial levels, emissions should already be decreasing and need to be cut by almost half by 2030. Although this target is just six years away, fossil fuels experienced continued demand and revenue growth in 2023. At CERAWeek by S&P Global, one of the world’s largest annual energy conferences, the energy…
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