Carnegie Endowment for International Peace
Join the Carnegie Endowment for a special conversation on the climate crisis featuring New York Times writer David Wallace-Wells and Carnegie President Tino Cuéllar on the state of the climate crisis and the fight to preserve our future.
In the Kremlin’s logic, resource-rich Russia is in a better position to weather the crisis than other countries. Therefore, Moscow should seize opportunities to create crises not only on the gas market, but on the oil market too.
Once the conflict is over, Russia will still be able to offer gas at very low prices, but Europe, in all likelihood, will not only not want to buy it by then; it will simply not be able to.
Supporters of climate action have to be prepared for the decades-long period where climate policy and green technology gets really good, but climate impacts stay bad. In the meantime, countries can adapt so that the impacts are less harmful.
The U.S. Inflation Reduction Act, now headed to President Biden’s desk for signature, is predominantly a domestic bill – with huge ramifications for U.S. energy, decarbonization, industrial policy, and health care. But its ripple effects will be global, with some big potential impacts on emerging and frontier economies.
The revamped partnership is driven by discernible global shifts.
Berlin’s seemingly technical energy debate is actually social and political.
In Russia’s strategic calculus, Europe’s dependence on Russian gas means European governments must either face a severe economic and political crisis at home this winter, or call a truce in their confrontation with Moscow, accommodating some of the Kremlin’s political demands on Ukraine, and lifting sanctions.
Join the Carnegie Africa Program and for an in-depth expert panel discussion on the transition plans from Nigerian and Indian experts and the implications for the rest of the world.
Countries Need to Reduce Emissions Now, Not Just in the Distant Future.