Columbia Energy Exchange

In today's polarized political landscape, energy policy has become increasingly partisan. States rich in both fossil fuels and renewable resources must confront growing electricity demand and aging infrastructure. Meanwhile, the Trump administration is pushing to defund critical energy projects under the Inflation Reduction Act while also opening new fossil energy development on public land. And c...

President Trump's recent visit to the Gulf region marked a dramatic shift from the previous administration's Middle East diplomacy. In his visit to Saudi Arabia, the UAE, and Qatar, Trump focused on securing significant investment commitments and commercial partnerships to support the region's AI and other ambitions.  The trip showcased Trump's transactional approach to foreign policy—one focused...

We often associate energy poverty with developing nations, but the reality is that tens of millions of Americans struggle to pay their monthly energy bills. Oftentimes, they forgo heating or cooling their homes in order to pay rent or buy food. And ultimately, they risk losing access to energy altogether, through utility shutoffs. For families living in inadequate housing with poor insulation and...

For years, Japan set aggressive decarbonization targets, positioning itself as a climate leader despite limited domestic resources. But recent geopolitical earthquakes like the ongoing war in Ukraine, increasing energy demand, and a near-blackout in Tokyo have forced Japan to reassess its priorities. Japan's new strategic energy plan, approved by the nation's government in February, represents thi...

From oil pipelines crossing the border to integrated electricity grids, energy trade has long been a key part of the economic relationship between the United States and Canada. Now, President Trump's trade policies are upending longstanding cooperative norms on both sides of the border. Last week's snap election has brought a significant change in Canada's leadership. Former central banker Mark Ca...

After more than three years of intense fighting following Russia's invasion of Ukraine in February 2022, the path to end the war has been challenging. President Trump has been aggressively pushing both Ukraine's President Volodymyr Zelenskyy and Russian President Vladimir Putin toward a peace deal as part of Trump's campaign promise to quickly end the war. Meanwhile, energy has emerged as a critic...

As President Biden's national security advisor, Jake Sullivan laid out a strategy for what he called a "foreign policy for the middle class." Using the metaphor of a small yard and a high fence, the Biden administration's approach focused on reshoring critical industries and manufacturing, supporting innovation, and protecting strategic technologies.  The strategy relied on industrial policy, tari...

It's hard to overstate how consequential President Trump's "Liberation Day" tariffs have been for American economic policy. While the administration has paused the steep reciprocal tariffs it announced on trading partners other than China, a flat across-the-board 10% tariff remains. And China has raised tariffs on all U.S. goods to over 100% in retaliation.  Some economists fear this trade war cou...

In energy policy circles, the word "resilience" often refers to future-proof systems or infrastructure designed for the transition away from fossil fuels. But resilience means something different to the communities that have been built on those conventional energy sources.  Without a policy strategy, communities whose economies are dependent on fossil fuels aren't well positioned to thrive in – or...

The European Union's energy landscape is transforming rapidly, as the bloc works to reduce emissions, lower energy prices, and decrease dependence on Russian fuel—three goals proving to be a challenge.  Though renewables now generate nearly half of Europe's electricity, significant challenges remain. Lengthy permitting processes are stalling the deployment of new clean generation and infrastructur...

Across America, energy policy is often driven by short-term politics over long-term planning. Despite record-breaking U.S. oil production in recent years, partisan battles continue over fossil fuels and climate action. States like North Dakota illustrate this tension perfectly. Rich in both oil and wind resources, they navigate between traditional energy production and renewable development. But n...

Last week, energy industry leaders gathered in Houston for CERAWeek by S&P Global, one of the most important annual industry events focusing on the current state of energy markets, policy, and technology. This year's conference took place against a backdrop of shifting global energy dynamics — declining oil prices, the Trump administration's "drill baby drill" agenda, growing concerns about energy...

Energy and climate change are becoming ever more central to America's national security. It used to be that foreign policy and national security discussions related to energy focused primarily on oil prices and Middle East relations. Now, these conversations also include topics like critical mineral supply chains, clean energy competition with China, climate instability, and more. The Biden admini...

The Biden administration took office with ambitious plans to accelerate America's clean energy transition. Over four years, it enacted major climate legislation, poured billions into new clean energy manufacturing, built partnerships with global allies on clean energy, and navigated a global energy crisis after Russia's invasion of Ukraine. With President Trump's return to office, what happens now...

The race to power artificial intelligence is dramatically reshaping America's electricity landscape.  Recent analysis from the power-consultancy firm Grid Strategies shows that between 2024 and 2029, U.S. electricity demand will grow at five times the rate predicted in 2022. This surge comes as artificial intelligence and data centers reshape power markets, with tech giants like Microsoft and Amaz...

Europe is facing a challenging year as natural gas prices surge. While the continent seemed to weather the initial shock of losing Russian gas supplies, it's now clear many were declaring victory too soon. Storage levels are dropping this winter, and the loss of Russian pipeline gas through Ukraine has left Europe increasingly dependent on global LNG markets. Meanwhile, in the U.S., President Trum...

 At the start of February, President Trump launched a trade war. The president announced sweeping tariffs on goods imported from China, Canada, and Mexico. Although he temporarily backed away from the highest penalties, Trump clearly indicated that tariffs will be central to his policy agenda. This follows the Biden administration's embrace of steep tariffs on electric vehicle imports from China,...

Over the past month, the Trump administration has declared a national energy emergency, launched an ambitious agenda aimed at transforming the nation's energy landscape, and pulled back from America's climate commitments. At the heart of Trump's "Unleashing American Energy" strategy lies a complex balancing act: maximizing domestic energy production and infrastructure development while also naviga...

Last week, President Trump wasted no time in making good on a long list of energy-related campaign promises. Declaring a national energy emergency, he issued executive orders that could undo several Biden- and Obama-era climate policies. Carbon emissions standards are now in limbo, as are electric vehicle incentives and building energy efficiency standards. Trump wants to lift barriers to fossil f...

President Donald Trump's administration is promising an energy policy overhaul that would fundamentally reshape America's climate and energy policies. Trump and Republican leaders have pledged to pull back from many of the Biden administration's climate actions, including parts of the Inflation Reduction Act, and surge domestic oil and gas production and exports.   Meanwhile, global energy markets...

The year 2024 ended with a sobering milestone: it was officially the hottest year ever recorded. That pattern of extremes continues around the world, especially in Southern California, which is suffering from one of its worst disasters in history. First responders are battling lethal wildfires that have consumed more than 12,000 buildings and homes, and forced more than 100,000 people to evacuate....

Climate change isn't just an environmental threat—it's becoming a catalyst for conflict. Over the past decade, rising temperatures, water shortages, and other environmental disruptions have fueled tensions from the deserts of Iraq to the mountains of Nepal. And according to journalist Peter Schwartzstein , we're witnessing the emergence of a new, dangerous phenomenon: climate-related violence. In...

Energy is fundamental to economic development. It propels manufacturing, transportation, and construction, and throughout history, it's been the driver of human prosperity. But as global population continues to increase, and countries develop, energy use could double by the end of this century—with much of that increase concentrated in the developing world.  Meeting that demand while ensuring we s...

In Brazil, the energy transition is pushed and prodded by conflicting forces.  Its government is taking significant steps to cut emissions. For example, in August, it passed a much-anticipated low-carbon hydrogen framework; and in November, a law to create a regulated carbon market. And since taking office in 2023, President Luiz Inácio Lula da Silva has spearheaded significant reductions in defor...

The headline from this year's World Energy Outlook released by the International Energy Agency says, "The world is on the brink of a new age of electricity." In the United States, electrification is set to transform the energy landscape, and the nation is expected to see a rapid rise in power demand.  Questions remain over how this demand will be met, and if this means increasing carbon emissions...