Energy evolution
While attempts are being made to move away from fossil fuels for energy production, the transition is not happening as efficiently as many predict. New methods of extracting oil and gas have kept these resources cheap and plentiful and have turned importers into leading exporters. Meanwhile, failed policies – many of them based more on emotion than on scientific facts – have exacerbated many of the problems energy markets face – or created new ones.
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Critical raw materials: Assessing EU vulnerabilities
Securing the supply of materials that go into advanced technologies has become a political imperative around the world. Rare earth elements present the greatest risk, as China dominates their production. Europe is moving forward with plans for mining, partnerships and recycling, but is that enough to eliminate its geopolitical vulnerabilities?
Angola: The curse of being stuck between oil and debt
Africa’s second-largest oil producer had been going through a rough patch since the 2014 oil-price collapse – and then came the pandemic. The country’s prospects for post-Covid recovery are hampered by crippling foreign debt and lack of progress in economic diversification. However, Angola has an important edge in sub-Saharan Africa ...
New Opportunities 2021: Energy megatrends and the challenges of decarbonization
Despite increasing support for net-zero emissions targets and the rapid development of green technologies, global temperatures are still likely to rise by more than 3 degrees Celsius by the end of the century. Countries worldwide must now accelerate decarbonization and switch to green technologies. But despite the expansion of renewables, ...
Saudi Arabia’s energy ambition: From oil to gas
As oil grows out of fashion, Saudi Arabia is banking on natural gas. Not only can it help the country generate electricity, it can also provide a crucial basis for a robust petrochemical industry. Riyadh wants to become a gas exporter by 2030 as well, but that goal may be ...
Australia’s green energy potential could boost its geopolitical significance
Fossil fuels are a significant part of the Australian economy, but the country is now taking big strides toward renewable solutions. It also has the capacity to become a crucial exporter of green energy and the materials needed to produce it. Its growing spat with China is a double-edged sword ...
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More Disruptions
Expanding state
A trend toward increased government influence in economies and personal life is curbing growth, and freedom, in many Western countries. The outsized role of government results in misplaced incentives, overregulation – which restrains markets and competition – and irresponsible budgetary ...
Middle East politics
The region, one of the cradles of civilization, is going through a turbulent period of historic realignment. Its powers are vying for political, military, economic and religious dominance with local players and outside actors. Armed conflicts, mainly civil wars, are ...
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