99 episodes

Columbia Energy Exchange features in-depth conversations with the world’s top energy and climate leaders from government, business, academia and civil society. The program explores today’s most pressing opportunities and challenges across energy sources, financial markets, geopolitics and climate change as well as their implications for both the U.S. and the world.

Columbia Energy Exchange ColumbiaUEnergy

    • News Commentary

Columbia Energy Exchange features in-depth conversations with the world’s top energy and climate leaders from government, business, academia and civil society. The program explores today’s most pressing opportunities and challenges across energy sources, financial markets, geopolitics and climate change as well as their implications for both the U.S. and the world.

    "The New Map: Energy, Climate, and the Clash of Nations"

    "The New Map: Energy, Climate, and the Clash of Nations"

    In his latest book, The New Map: Energy, Climate, and the Clash of Nations,” noted energy historian Daniel Yergin captures a screenshot of the energy world as it stands in 2020, both in the shifting balance and rising tensions among nations, and in the dramatic reshaping of global energy supplies and flows. Understanding how geopolitics and energy interact is no easy feat, as even before this year’s coronavirus-induced shock to the global energy markets, the landscape was already being rapidly transformed by such factors as the American-led shale revolution, a new cold war between the United States and Russia, deep tensions in the U.S.-China relationship, the Middle East’s own reckoning with the energy transition, and of course, the urgent challenge of climate change. 
    Daniel Yergin is a highly respected authority on energy, international politics, and economics. His classic book, The Prize: The Epic Quest for Oil, Money and Power, became a bestseller, won a Pulitzer Prize, and put Dr. Yergin on the map as one of the world’s leading thinkers on energy and its vast geopolitical and economic implications. In decades since, Dan has continued to chronicle the global energy system. Going back to Shattered Peace, his first book, his writings from The Prize, updated in 20008, to The Quest and many others have provided the historical perspective for understanding many of today’s energy and security challenges. 
    In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Dr. Yergin to discuss his new book and what's ahead for energy geopolitics and the energy transition. 
    Daniel Yergin is vice chairman of IHS Markit and co-founder of Cambridge Energy Research Associates. Daniel received the United States Energy Award for “lifelong achievements in energy and the promotion of international understanding,” and the U.S. Department of Energy awarded him the first James Schlesinger Medal for Energy Security. 
    Dr. Yergin is a director of the Council on Foreign Relations and a senior trustee of the Brookings Institution. He is a member of the National Petroleum Council, a director of the United States Energy Association, and of the US-Russia Business Council. He is a member of the Advisory Boards of the Massachusetts Institute of Technology Energy Initiative and of the Columbia University Center on Global Energy Policy and of Singapore’s International Energy Advisory Board. Dr. Yergin holds a BA from Yale University, where he founded The New Journal, and a PhD from Cambridge University, where he was a Marshall Scholar.

    • 51 min
    What Blackouts Mean for California's Grid

    What Blackouts Mean for California's Grid

    For the first time in nearly 20 years, California experienced rolling blackouts in August as record high temperatures placed unusual stress on the state’s electric power grid. The inconvenience to millions of Californians raised questions about the reliability of the grid as the state implements aggressive policies to reduce greenhouse gas emissions through greater reliance on solar and wind power and other cleaner energy solutions.
    In this edition of Columbia Energy Exchange, host Bill Loveless reached out to Cheryl LaFleur, a former chairman of the Federal Energy Regulatory Commission and a distinguished visiting fellow at the Center on Global Energy Policy, for her take on the blackouts, which she wrote about in an op-ed in “State of the Planet,” an online blog at Columbia University’s Earth Institute.
    They talk about what caused the blackouts during the weekend of August 14, when an extreme heat wave blanketed California and other western states, as well as how they compared to the last such occurrences during the California energy crisis of 2001.
    In short, Cheryl says, the problem isn’t California’s solar and wind systems, which operated just as they were supposed to do, but rather the state’s failure to make sure there were other energy resources to meet peak demands for electricity – especially for air conditioning to cope with the heat – when the sun wasn’t shining and the wind wasn’t blowing. Adding to the difficulty is California’s preference to control its own power market rather than participate in a regional market, she says.
    Bill and Cheryl discuss that as well as the political fall-out from the blackouts, with critics of the state’s climate policies claiming those measures risk the reliability of the California grid, while supporters of those policies saying they’re as necessary as ever to combat climate change.
    Of course, with California and much of the rest of the Pacific Northwest suffering from a record spree of wildfires, there’s no avoiding talking about the magnitude of climate-related catastrophes occurring now and the extent to which they affect efforts to transition to cleaner, reliable forms of energy.
    Cheryl was one of the longest-serving members of the Federal Energy Regulatory Commission, nominated by President Obama in 2010 and serving until 2019. She was the chairman from 2014-15 and acting chairman from 2013-14 and in 2017.
    Earlier, she had more than 20 years of experience as a leader in the electric and natural gas industry, including serving as executive vice president and acting CEO of National Grid USA.

    • 33 min
    What's Ahead for U.S. LNG Trade?

    What's Ahead for U.S. LNG Trade?

    The oil and natural gas sectors have been reeling from the COVID-19 pandemic and its devastating impact on demand for fuels, and that includes liquefied natural gas. U.S. LNG exports fell from a record high of 8 billion cubic feet a day in January to 3.1 BCF a day in July, prompting some new projects to postpone final investment decisions.
    Among them was Tellurian, a Houston-based company co-founded in 2016 by a U.S. LNG pioneer, Charif Souki.
    In this episode of Columbia Energy Exchange, host Bill Loveless is joined by Charif to get his take on this latest challenge for the U.S. LNG sector. After all, he’s seen this business grow from the start, having founded Cheniere Energy, the largest U.S. LNG exporter, back in 1996, before moving on to Tellurian.
    Bill and Charif talked about the circumstances leading to the decline in LNG trade this year and the outlook for a recovery. Interestingly, Charif acknowledged that he’s been surprised by some developments.
    They also touched on the fundamental changes in LNG trade, especially involving how the commodity is priced now, as well as on the implications for LNG of the closer scrutiny that natural gas is getting because of its greenhouse gas emissions.
    Tellurian’s proposed Driftwood LNG project near Lake Charles, Louisiana, would cost more than $27 billion, including pipelines to deliver natural gas to the export facility. The project has all the required permitting to begin construction, but Tellurian has put off a final investment decision until 2021 in light of the market turmoil this year.  
    Charif is the executive chairman of Tellurian’s board. He also serves on the advisory board of the Center on Global Energy Policy. He received a B.A. from Colgate University and an MBA from Columbia.

    • 37 min
    An Energy Sector in Transition

    An Energy Sector in Transition

    2020 has been a historic year in energy markets, with a dramatic price crash caused by a collapse in economic activity resulting from the pandemic. In recent weeks, major oil and gas companies around the world have been reporting their worst quarterly results in history and seem to be positioning themselves for prolonged pain still to come. Yet we have also seen several companies reaffirm commitments to a net-zero carbon future by 2050, and we continue to have rising concern and evidence of the tangible impacts of climate change around the world. This all raises the question of whether the pandemic will be an accelerator or decelerator of the energy transition, and how leading oil and gas companies are responding to today’s uncertain and challenging environment. 
    In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Mario Mehren, who leads the largest independent oil and gas company in Europe. 
    Mario Mehren is the Chief Executive Officer and Chairman of the Board of Wintershall Dea. He was previously responsible for the company’s activities in Exploration and Production in Russia, North Africa and South Africa. Before joining Wintershall, Mario worked as a specialist adviser in the BASF Group’s Corporate Finance Department before becoming the Head of Finance and Accounting at BASF Schwarzheide and later its Managing Director of Finance and Administration. Mario studied business administration at Saarland University in Saarbrüken. 

    • 44 min
    “Short Circuiting Policy”

    “Short Circuiting Policy”

    Politics is critical to understanding the development of climate policy in the United States, particularly the interest groups influencing the process and the feedback that new laws and regulations experience once they have been enacted.
    That’s what political scientist Leah Stokes tells us in her new book, “Short Circuiting Policy,” whose subtitle is “Interest Groups and the Battle Over Clean Energy and Climate Policy in the American States.”
    In this episode of Columbia Energy Exchange, host Bill Loveless talks with Leah about her book and its look at climate policies in different states. The discussion is particularly timely now in the aftermath of a scandal in Ohio, one of the states she writes about in the book.
    Bill and Leah delve into the situation in Ohio, where an FBI investigation involving a state law providing aid to struggling nuclear and coal power plants led to the arrest of a prominent state legislator and others in an alleged bribery scheme.
    They also discuss the ebb and flow of climate policies in states as utilities and other interest groups vie over proposals to implement policies that would reduce greenhouse gas emissions from power plants.
    Leah is an assistant professor in the Department of Political Science at the University of California, Santa Barbara, and affiliated with the Bren School of Environmental Science and Management and the Environmental Studies Department at UC, Santa Barbara.
    She completed her PhD in public policy at the Massachusetts Institute of Technology’s Department of Urban Studies and Planning and a master’s degree from MIT’s Political Science Department. Before that, she earned an MPA in environmental science and policy at Columbia University’s School of International and Public Affairs and the Earth Institute, as well as a Bachelor of Science degree in psychology and East Asian studies at the University of Toronto.
    She’s also worked at the Canadian Parliament and the think tank Resources for the Future.

    • 42 min
    Sustainable Energy for All

    Sustainable Energy for All

    Despite much progress in meeting the ambitious goal of attaining universal access to sustainable and modern energy, nearly 800 million people still lack access to electricity. Even more lack access to clean cooking fuels. This has serious health, gender, economic, and climate consequences -- and those are especially evident during this pandemic when access to basic health and safety protocols, medical services and clean water is hampered in many parts of the world. 
    In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by one of the world’s leaders responsible for addressing this crisis, Damilola Ogunbiyi. She is CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All and Co-Chair of UN-Energy.
    Special Representative Ogunbiyi previously served as the first female Managing Director of the Nigerian Rural Electrification Agency. In a prior role, Damilola worked in the Federal Government of Nigeria’s Office of the Vice President as Senior Special Assistant to the President on Power and Head of the Advisory Power Team. Damilola was also the first female to be appointed as General Manager of the Lagos State Electricity Board. She first entered public service as the Senior Special Assistant to the Lagos State Governor on Public-Private Partnerships, and prior to her appointment, she was a consultant for the United Kingdom Department for International Development on public-private partnerships. 

    • 40 min

Top Podcasts In News Commentary

Listeners Also Subscribed To