Climate Action and the Global Need for Energy

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Energy demands are rising. So are calls for climate action. Can we find a global solution?

At a time of increasingly urgent calls for climate action, the world also faces ever-rising demand for energy. How can these two trends be reconciled as we experience soaring gas prices and supply chain disruptions?

Our guest is Pulitzer Prize-winning author and energy expert Daniel Yergin, Vice Chairman of IHS Markit and chairman of CERAWeek, which CNBC has described as “the Super Bowl of world energy.” Dr. Yergin says the energy transition is very complicated, and the degree to which the world still depends on oil and natural gas is not well understood.

In this episode, we look at the prospects for common ground among environmentalists and energy industry executives. We examine why a new map of energy and geopolitics is emerging. Daniel Yergin explains how future innovations in green energy could prove to be just as surprising as the “shale revolution” in oil and gas which transformed the American economy and ended an era of energy shortage.

We discuss his latest book, The New Map, and how technology revolutions in energy may transform our thinking about carbon markets and change how polarizing battles over climate are conducted. All on Let’s Find Common Ground.

Read the Episode Transcript

Ep 45 Climate Action and the Global Need for Energy

Daniel Yergin

Daniel Yergin is a highly respected authority on energy, international politics, and economics. He is Vice Chairman of IHS Markit, one of the world’s largest research and information companies; and chairman of CERAWeek, which CNBC has described as “the Super Bowl of world energy.”

He has served on the US Secretary of Energy Advisory Board under the last four presidents. He is a member of the Energy Policy Council of the Dallas Federal Reserve, a director of the Council on Foreign Relations and a senior trustee of the Brookings Institution. He also serves as a member of the National Petroleum Council, a director of the United States Energy Association, and of the US-Russia Business Council.

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.

He is the recipient of a Lifetime Achievement Award from the Prime Minister of India, and the first James Schlesinger Medal for Energy Security from the U.S. Department of Energy. Among other honors, he was also awarded the United States Energy Award for “lifelong achievements in energy and the promotion of international understanding,” and the Charles Percy Award for Public Service from the Alliance to Save Energy.

In addition to his latest book The New Map: Energy, Climate, and the Clash of Nations, Dr. Yergin also authored the bestseller The Quest: Energy, Security, and the Remaking of the Modern World. He is known around the world for his book The Prize: the Epic Quest for Oil Money and Power, which was awarded the Pulitzer Prize.

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