The Pentagon has released its most ambitious blueprint to date for how the Department of Defense—the largest government agency in the United States and the largest employer in the world— intends to prepare for the risks associated with the climate crisis.
The Climate Adaptation Plan, which describes climate change as a “destabilizing force” and a “national security risk,” offers a strategic roadmap for the U.S. military to adapt to the impacts of the climate crisis. These include geopolitical turmoil, threats to U.S. military infrastructure and the increased frequency of natural disasters at home and abroad.
In this episode, Host Bill Loveless speaks to one of the pentagon leaders behind the report— Richard Kidd.
Mr. Kidd is the Deputy Assistant Secretary for Environment & Energy Resilience at the Department of Defense. There, he oversees efforts related to coastal resilience, pollution prevention, and compliance with environmental laws.
They discuss how to balance the energy needs of today with a forward-thinking approach to managing the climate risks that have already and will continue to affect U.S. military operations.
The clean energy transition will involve an unprecedented investment in zero and low-carbon technologies. This shift to a clean energy system will require what are known as critical minerals such as aluminum and copper used in photovoltaic solar panels, and lithium and cobalt used in lithium-ion batteries.
New surges in demand for these critical minerals has challenged the ability of global supply chains to keep pace with this demand. As more and more nations commit to ambitious net-zero targets, demand for these minerals will only go up.
In this episode, Host Bill Loveless interviews Frank Fannon, the Managing Director of Fannon Global Advisors, a firm focused on geopolitics, market transformation, and the global energy transition.
Mr. Fannon was formerly the First Assistant Secretary for Energy Resources in the U.S. State Department, where he advised the Secretary of State on a host of issues related to energy resources and national security.
Bill spoke with Mr. Fannon about the future of the critical minerals supply chain as well as some of the broader geopolitical trends in the clean energy landscape.This episode references a past live episode that Host Jason Bordoff conducted with Ford CEO Jim Farley and Mary Nichols, Distinguished Visiting Fellow at the Center on Global Energy Policy and the former Chair of the California Air Resources Board.
Most of the pressure on oil companies to make more environmentally-conscious investments is targeted at companies like Shell and Exxon. But these companies produce only 15 percent of the world’s oil and gas supply.
The majority of oil production comes from nationally-owned oil companies, and the question of how they will respond to the clean energy transition is especially vital in Latin America where state-owned companies like PDVSA, PetroBras and Pemex dominate the region’s energy sector.
In this episode, Host Jason Bordoff speaks with a leading expert on oil markets and the Environmental Social and Governance (ESG) agenda in Latin America -- Dr. Luisa Palacios. She has special insight into this topic as a former board chair of the oil refiner Citgo, an energy firm owned by the Venezuala-based nationalized oil company, PDVSA.
Dr. Palacios is currently a Senior Research Scholar at CGEP and received a Masters degree at Columbia University. Previously, she was Medley Global Advisor’s Head of Latin America. She also worked at Barclays Capital as a Director in emerging markets research.
Dr. Palacios spoke with Jason about where Venezuela and other Latin American oil majors are headed in a moment of big market shifts. They also took a broader look at the future of oil and ESG practices in the Latin American Region.
The Biden Administration recently released a blueprint for how the U.S. could get nearly half of its electricity from the sun by 2050 called, “The Solar Futures Study.” But reaching that 50% will require an expansive, multi-sector investment of money and resources toward the clean electricity source that meets only about 4% of the nation’s power demand now.
Host Bill Loveless dug into the hows of deploying solar widely and effectively with Mary Powell, the recently-appointed CEO of Sunrun, a leading residential solar company in the U.S.
Mary previously headed up the Vermont-based electric utility, Green Mountain Power.
While there, Mary was known for being a disruptor in the utility space in her embrace of clean energy reforms.
Bill and Mary spoke about the tricky nature of the residential solar market, how solar is figuring into congressional legislation and how electric utilities can work with the clean energy transition instead of fighting it.