Climate Action and the Global Need for Energy. Daniel Yergin

Let's Find Common Ground

USC Dornsife Center for the Political Future

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5 • 2.7K Ratings

🗓️ 9 December 2021

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

At a time of increasingly urgent calls for climate action, the world also faces ever-rising demand for energy. How can these two trends be reconciled as we experience soaring gas prices and supply chain disruptions? Our guest is Pulitzer Prize-winning author and energy expert Daniel Yergin, Vice Chairman of IHS Markit and chairman of CERAWeek, which CNBC has described as “the Super Bowl of world energy.” Dr. Yergin says the energy transition is very complicated, and the degree to which the world still depends on oil and natural gas is not well understood. In this episode, we look at the prospects for common ground among environmentalists and energy industry executives. We examine why a new map of energy and geopolitics is emerging. Daniel Yergin explains how future innovations in green energy could prove to be just as surprising as the "shale revolution” in oil and gas which transformed the American economy and ended an era of energy shortage.

Transcript

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0:00.0	The world is facing increasingly urgent calls to cut carbon emissions and limit climate change,
0:06.7	but at the same time, the global need for energy keeps on growing.
0:11.8	So how can these two trends be reconciled?
0:14.6	What are the prospects for low carbon energy at a time of soaring gas prices and supply chain disruptions?
0:27.0	This is Let's Find Common Ground.
0:29.5	I'm Richard Davies.
0:31.0	And I'm Ashley Naltite.
0:32.8	Our guest is Pulitzer Prize winning author and energy expert Daniel Jürgen.
0:37.3	His most recent book is The New Map, Energy, Climate and the Clash of Nations.
0:42.3	He's Vice Chairman of IHS Market, one of the world's largest research and information companies,
0:48.1	and founder of Cambridge Energy Research Associates.
0:51.6	In this episode, we discussed the prospects for finding common ground
0:56.0	and the need for energy innovation, similar to what happened with the shale revolution
1:00.6	that hugely increase the production of U.S. oil and natural gas
1:05.1	through fracking and horizontal drilling.
1:08.1	We also learn why the energy transition is so complicated
1:12.0	and the degree to which the world still depends on oil and natural gas.
1:16.3	Richard, you get the first question.
1:19.0	Dan, thank you very much for joining us
1:21.6	and talking to us about the findings in your book, The New Map, Energy, Climate and Clash of Nations.
1:28.1	Let me start by asking you this.
1:30.6	The world is enormously dependent on energy production.
	...

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