Countries responsible for higher gas emissions are stuck in an economic model that does not allow for peaceful and constructive climate conversations. To deliver on the climate transition and to avoid further conflict, decarbonization should not be used as a tool to redesign the global balance of power.
The oil and shipping market will almost certainly end up in turmoil, and Russia will need its own dedicated pariah fleet of tankers.
The landmark agreement is far from a peace deal, but both countries now have vested economic interests in maintaining calm along their common border regions.
Democrats have Saudi Arabia in the crosshairs, outraged at OPEC's slashing its oil output by 2 million barrels a day. Now there`s legislation in Congress to pause all weapons sales to the Saudis. Aaron David Miller, former State Department analyst, talks about if the U.S. could have leverage over Saudi Arabia.
There has been a reset in the U.S.-Saudi relations and it's been done by the Saudis.
Amid the war in Ukraine, Moscow continues to build bridges in the Middle East.
If the perpetrator was Russia, the signaling value toward the West—which would certainly know Russia is behind the explosions—may be a threat to the rest of the marine energy infrastructure.
While China has charged ahead in developing a global strategy for the energy transition, which utilizes both its foreign and security policies, the EU is trying to compete through next-generation technology.
Join Carnegie’s Africa Program and the African Climate Foundation for a panel discussion covering negotiations of the JETP, progress toward implementation in South Africa, implications for other African countries, and the changing role of the international community in mobilizing climate finance.
Zainab Usman speaks with Sheila Khama about the recent oil price surge and what that says about the medium-term future prospect despite the drive to decarbonization world economies of through reduction of fossil fuels.