The conflict between Ukraine and Russia is intensifying. President Biden says Putin could send troops into Ukraine any day.
Some NATO countries, including the U.S., are sending military equipment to Ukraine. But Germany is holding back — and that is partly because of fears over gas supply.
Jason Bordoff has been watching the diplomatic dance, and he says it is closely tied to the geopolitics of energy.
It reveals the tricky dynamics between Russia and the rest of Europe. Countries including Germany have invested vast amounts of money in renewables in the hopes of cutting dependence on imported fossil fuels. But they’re still deeply tied to Russia’s gas.
This week on The Carbon Copy, we look at how the clean energy transition might actually strengthen petrostates including Russia before finally changing which countries wield the power.
Guest: Jason Bordoff, director of the Center on Global Energy Policy and host of Columbia Energy Exchange.
The Carbon Copy is supported by Atmos Financial. Atmos offers FDIC-insured checking and savings accounts that only invest in climate-positive assets like renewables, green construction and regenerative agriculture. Modern banking for climate-conscious people. Get an account in minutes at joinatmos.com.
The Carbon Copy is also supported by Climate Positive, a podcast from Hannon Armstrong, the first U.S. public company solely dedicated to investing in climate solutions. The Climate Positive podcast features candid conversations with the leaders, innovators and changemakers driving our climate-positive future. Listen and subscribe wherever you get your podcasts.