Founding Director, @ColumbiaUEnergy; Prof of Prof Practice, @ColumbiaSIPA; Co-Founding Dean Emeritus, @ColumbiaClimate; fmr energy advisor, Pres @BarackObama
Dec 2, 2022 • 6 tweets • 3 min read
My latest in @nytopinion: @EmmanuelMacron & other EU leaders have used inflammatory rhetoric to criticize 3 aspects of US energy & climate policy over profiteering from Ukraine & #IRA. These criticisms are largely baseless & risk unity in battling both Russia & climate change 🧵
Some in Europe accuse US LNG companies of “profiteering.” This is a misconception. Markets set prices, and the companies benefiting most right now are non-US LNG resellers. Plus US LNG flexibility has been crucial to helping Europe pivot away from Russia. eia.gov/todayinenergy/…
Jun 7, 2022 • 9 tweets • 4 min read
🧵 The current energy crisis will usher in a new global energy order for decades to come, defined by a more expansive role for government in the energy sector. My latest with @OSullivanMeghan in @ForeignAffairs: foreignaffairs.com/articles/energ…
We're already seeing govts take a more expansive role in energy in many ways: The WH's use of the Defense Production Act yesterday for heat pumps and solar panels is just latest example of what we should expect to see more of in the future axios.com/2022/06/06/bid…
Jan 22, 2022 • 4 tweets • 1 min read
The likelihood of a Russian gas cutoff to Europe seems low, but would be catastrophic if it happened. Europe would have to import much more LNG at exorbitant prices, industries would shut down due to unaffordable energy bills, and the European economy would take a massive hit.
Options for Europe to import more gas are limited, w other pipeline suppliers close to capacity. There is not enough LNG to accommodate the loss of Russian gas supplies into Europe, & Europe would need to pay price needed to pull all the flexible supplies it could away from Asia
Jan 15, 2022 • 13 tweets • 6 min read
Here are 10 major energy & climate trends I’m watching in 2022. A quick thread: 🧵
1) BBB: make or break
If BBB climate provisions become law, US has a shot of meeting its 2030 goals. Without them, it’s very hard.
With the right policy, green industrial policy can reduce GHG at home, spur economy & cement US leadership globally. foreignpolicy.com/2021/03/15/bid…
Jan 3, 2022 • 10 tweets • 3 min read
A decade after Fukushima, nuclear power is getting a fresh look for 3 reasons: the urgency of meeting ambitious climate goals, significant advances in nuclear technology, and national security concerns.
I have a deep dive essay in @ForeignPolicy. See this thread for highlights🧵
First, as the urgency to combat the climate crisis grows, there is growing recognition that the pathway to net-zero emissions will be faster, easier, and cheaper if nuclear energy is part of the mix of solutions.
Nov 23, 2021 • 13 tweets • 3 min read
At the end of a busy day, a few thoughts on today’s SPR release: 🧵 #OOTT
Effectiveness should be measured not by price response today but what it would have been absent the “verbal intervention” of the past few weeks. Expectations of a release contributed (tho not entirely responsible) to drop of $8/b since Oct & helped stem price run up.
Feb 19, 2019 • 29 tweets • 8 min read
Just back from @MunSecConf, where @ColumbiaUEnergy organized a side event on energy’s use as a geopolitical weapon, and I moderated a breakfast discussion on #NordStream2. Here are a few reflections from this year’s #MSC2019 & intersection with energy/climate. (Thread)
At a broad level, the dominant theme was concern among participants about the perception that America was retreating from the global stage and its leadership role in the rules-based international order.
Jan 26, 2019 • 28 tweets • 10 min read
THREAD: We wrapped @Davos#WEF19 today & I want to share my thoughts on the mood this year. Discussions focused on geopolitical & economic risks to the energy sector, #climatechange, optimism abt the pace & promise of technological innovation & outlook for clean energy.
Compared to 2018, the economic mood @Davos was more grim & subdued. Ongoing US-China trade dispute weighed heavily.. Many expect some resolution before March 2 deadline, but thorny issues in relationship will persist & China digging in for long-term. Brexit added to worries.
Jan 26, 2018 • 21 tweets • 4 min read
A few thoughts on the energy and climate mood in #Davos2018 this year as my train rolls away through the gorgeous Swiss countryside. Three big themes around climate, energy markets, technology.
The most striking thing about the mood in Davos this year is the tremendous optimism business leaders have about the global economic outlook. That's bullish for energy demand and prices (not great for GHG emissions btw)
