Money Talks: The energy weapon
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 26 January 2022
⏱️ 34 minutes
🧾️ Download transcript
Summary
What happens if Vladimir Putin invades Ukraine again, the West hits Russia with sanctions, and Mr Putin retaliates by shutting down supply of Russian gas? The Economist’s global energy & climate innovation editor Vijay Vaitheeswaran explores how this would rock energy markets from American shale oil to Chinese imports of LNG. What are the lessons from the last time Russia turned off the taps and how could Europe, already facing record prices, wean itself off its dependency?
With Thane Gustafson, professor of energy policy at Georgetown University and author of “Klimat: Russia in the Age of Climate Change”; Amy Myers Jaffe, director of the climate policy lab at Tufts University and author of “Energy’s Digital Future”; and Daniel Yergin, vice president of IHS Markit and author of “The New Map: Energy, Climate, and the Clash of Nations”.
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Transcript
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| 0:00.0 | With so much uncertainty in the world, businesses need a solid plan that they can implement |
| 0:04.8 | quickly. |
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| 1:08.6 | On the border with Ukraine, the might of Russian military power is masked. |
| 1:14.4 | Over 100,000 soldiers are standing ready, armed with tanks, guns and missiles. |
| 1:22.0 | But Vladimir Putin has another weapon in his arsenal that could threaten not just Ukraine, |
| 1:27.6 | but all of Europe. |
| 1:30.9 | You're listening to Money Talks from the Economist, our weekly podcast on markets, the economy |
| 1:35.9 | and the world of business. |
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