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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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In 2022, the United States and the European Union consumed more than twice as much energy as Africa and Southeast Asia combined, despite having roughly a third of the population. At the same time, developing countries are experiencing the most severe impacts of climate change even though they’ve contributed the least to cumulative emissions. Many o…
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This week, climate leaders, scholars, and activists from around the world will travel to the United Arab Emirates for the annual United Nations conference on climate change known as COP. Many highly debated topics will take center stage at this year’s COP28, including the role of fossil fuels in meeting future global energy demands, the follow thro…
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When it comes to energy and climate, Canada is a key player and a land of contrasts. It gets more than 80% of its electricity from low-carbon sources and has a hefty carbon tax. It’s also a major oil and gas producer, and has resources for the metals and minerals needed for a clean energy transition. As the urgency of the climate crisis grows, the …
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Three months ago, deadly wildfires swept across the western shore of Maui. It was the deadliest environmental disaster in Hawaii’s history. Now the community is rebuilding, and around the state residents are preparing for more extreme weather events. Elemental Excelerator, a Honolulu-based non-profit investor in climate technology, relies on local …
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The practice of capturing steam bursting through the earth’s surface to generate electricity has been around for more than a century. This is the traditional concept of geothermal energy. But thanks to research and development in both the private and public sectors, new forms of capturing subsurface heat have been developed. Fervo Energy, an advanc…
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“Coal demand reached a new all-time high in 2022.” That was the headline of the International Energy Agency’s annual coal market update, released in July of this year. In fact, 2022 was the third year in a row that global coal consumption has increased. This growth occurs against the backdrop of an ever-worsening climate crisis driven by energy sec…
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The energy transition requires a lot of minerals. Lithium, copper, cobalt, nickel, and other materials that are collectively known as “critical minerals” are vital components of most clean energy technologies. According to the International Energy Agency, getting on track for net zero will mean a sixfold increase in the demand for these materials b…
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Fifty years ago today, on October 17, 1973, a group of Arab oil ministers announced an embargo on oil exports to the United States and other countries in retaliation for America’s support of Israel in the Arab-Israeli War. What followed is seared into the American psyche: Fuel shortages across the country left drivers waiting for hours at the gas p…
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As we move on from the hottest summer on record, climate change and its effects remain in the national zeitgeist. The topic has been featured in both Democratic and Republican presidential discussions. The Biden administration continues to advocate for the Inflation Reduction Act, which aims to fight climate change by cleaning up various pollution-…
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As the world changes over the next few decades, many young people in school or just starting their careers, will be working in the major industries impacted by climate change. Here at the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs, the Charif Souki Global Energy Fellows are studying the curren…
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Around the world, activists are turning to the courts to hold major polluters accountable for climate change. This recently played out in the United States. Young plaintiffs in Montana successfully presented scientific evidence that connects the states’ greenhouse gas emissions to environmental harm. Many legal experts say the case, Montana v. Held…
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Investment is rising in America’s clean energy sector. According to the Clean Investment Monitor, a joint project of the Rhodium Group and MIT, the sector received $213 billion in new investment over the past year, a 37% increase over the previous year. This new investment brings new challenges, such as implementing the Inflation Reduction Act (IRA…
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Around the world, green industrial policy is driving a surge of new investment into clean energy. This is good news for the climate, but it puts the international trading system under intense strain. As countries around the world vie for influence over the growing market for clean energy, new fault lines are emerging and old rivalries are re-igniti…
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July was the hottest month ever recorded. Heat waves broke records around the world this summer. Phoenix, Arizona, endured 31 days of 110 degrees or hotter. Sanbao, a remote township in northwest China, hit 127 degrees – a record for the country. And parts of Europe reached over 100 degrees. These temperatures can be deadly. They also wreak havoc o…
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The energy transition is a hot-button issue in Australia. It is the world’s largest exporter of coal and its efforts to curb greenhouse gas emissions have consistently fallen short of its peers. It also faces serious risks from climate change, with damages from flooding, wildfires, and heat waves worsening nearly every year. At the same time, Austr…
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Getting the global energy system to net-zero – a state in which it emits no more greenhouse gasses than it absorbs – means deploying clean energy infrastructure at a pace without historical precedent. The ripple effects of this transition are already apparent in business, geopolitics, and in people’s daily lives. Increasing public concern over clim…
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This summer, the African Development Bank released its annual report stating that the continent needs between $230 billion to $250 billion annually to meet its climate goals. Africa’s climate has warmed faster than the rest of the world since pre-industrial times. That makes it extremely vulnerable to climate change driven catastrophes that hinder …
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The steel and cement industries are enormous and vital components of the global economy. Together, they account for roughly 16% of global greenhouse gas emissions. If the cement and steel industry were a country, it would be the third largest emitter. Both industries are referred to as “hard-to-abate” sectors because of the perceived challenges in …
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It’s been nearly a year and a half since Russia invaded Ukraine, plunging Europe and the world into a protracted energy crisis. Since then, the brutal fighting in Ukraine has turned into a war of attrition, and energy prices have fallen from the staggering heights they reached in mid-2022. While the immediate crisis has faded from the headlines, Eu…
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The Advanced Research Project Agency - Energy (ARPA-E) recently announced $100 million for its SCALEUP program, which funds start-ups and emerging companies that need support commercializing products. The agency serves as a research and development group for the Department of Energy. ARPA-E is often described as a venture capital fund, because of i…
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To meet net zero 2050 goals, the U.S. needs to quadruple wind and solar capacity, double the size of the grid, and increase the electric vehicle fleet 100-fold. Under the existing permitting process, growth at this pace and scale is nearly impossible. It takes years to secure permits for new plants, transmission lines, and mines. That’s why acceler…
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July 4th 2023 was the hottest day on earth ever recorded. The prevalence of extreme heat, which dramatically impacts quality of life and the built environment, highlights the urgency of tackling the climate crisis. In the U.S., the Environmental Protection Agency (EPA) works to reduce the greenhouse gas emissions known to exacerbate global warming.…
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Excitement is brewing over an Atlantic offshore wind project 15 miles east of Massachusetts. Developers of the first utility-scale project in the country have begun laying the foundations for 62 planned turbines. Vineyard Wind, the nation’s first commercial scale offshore wind farm, is expected to generate 800 MW of electricity. A joint venture of …
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The global energy transition is unfolding in an increasingly fragmented world. The rise of green industrial policies aimed at bolstering domestic clean energy industries is heightening trade tensions and threatening to fracture global markets. Meanwhile, power struggles are amping up on the world stage. Russia’s invasion of Ukraine, and simmering t…
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Clean energy technology deployment will play a major role in meeting the Biden administration’s “net zero by 2050” goal. To stay on target, America will need to shore up clean energy supply chains, reduce the cost of existing technologies, and fund innovation for up and coming solutions – like carbon capture and storage and fusion energy. The Energ…
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