Energy Futures Forum

Addressing climate change requires a more comprehensive, inclusive, and dynamic approach to stimulating innovation and accelerating adoption of low-carbon technologies. Experimentation and iteration will be key to successful implementation of a clean economy transition. 

Global efforts to reduce carbon dioxide emissions and halt progression toward a global climate crisis have significantly declined in the last few years. New forms of engagements based on cooperation and mutual benefits are needed to address current challenges.

Recent climate policies adopted by the European Union and the United States have the potential to accelerate global decarbonization. However, without a new global framework on trade, these green industrial policies could hit roadblocks.

EU and the G7 sanctions against Russia have significantly shifted Russian crude oil and product flow to new markets and doubled its output. However, it is uncertain whether or not Russia can sustain these markets with its discounted price in the long run.

The oil market has followed a path of consistent but managed globalization for nearly 50 years. The events of 2022 warrant a fundamental rethink of the global oil map, how oil prices are set, and how motives of various stakeholders interact in a fractured market.

The United States and its allies need to make an offer to the Global South, creating opportunity and ensuring the world is on track to achieve necessary greenhouse gas emissions reductions to avoid catastrophic climate change.

The United States and allies need to make an offer to the Global South, creating opportunity and ensuring the world is on track toward achieving necessary greenhouse gas emissions reductions to avoid catastrophic climate change.