Europe is facing a challenging year as natural gas prices surge. While the continent seemed to weather the initial shock of losing Russian gas supplies, it’s now clear many were declaring victory too soon. Storage levels are dropping this winter, and the loss of Russian pipeline gas through Ukraine has left Europe increasingly dependent on global LNG markets.

Meanwhile, in the U.S., President Trump's administration has promised to "unleash American energy dominance" by lifting restrictions on new permits for LNG exports. But questions remain about domestic gas production capacity, infrastructure constraints, and the impact on U.S. prices.

How are these developments reshaping global gas markets, and what do they mean for Europe's industrial competitiveness? How might geopolitical tensions affect the future of global gas trade? And what does all of this mean for reducing greenhouse gas emissions?

This week on the show, Jason Bordoff talks with gas market experts Anne-Sophie Corbeau and Ira Joseph about the outlook for LNG and its geopolitical and environmental implications.

Anne-Sophie is a global research scholar at the Center on Global Energy Policy, where she focuses on hydrogen and natural gas. Her career in the energy industry spans over 20 years, including stints as the head of gas analysis at BP, senior gas analyst at the International Energy Agency, and research fellow at the King Abdullah Petroleum Studies and Research Center. 

Ira is a senior research associate at the Center on Global Energy Policy. Previously, he headed global generating fuels and electric power pricing at S&P Global Platts. Before that, he was the global head of gas and power analytics at Platts.

Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Erin Hardick, Mary Catherine O’Connor, Caroline Pitman, and Kyu Lee. Engineering by Sean Marquand. Stephen Lacey is executive producer.

 At the start of February, President Trump launched a trade war.

The president announced sweeping tariffs on goods imported from China, Canada, and Mexico. Although he temporarily backed away from the highest penalties, Trump clearly indicated that tariffs will be central to his policy agenda. This follows the Biden administration’s embrace of steep tariffs on electric vehicle imports from China, and sanctions against Russia aimed at stifling its energy sector. 

These economic chokepoints are part of a broader shift of the global economy. Countries are weaponizing economic power through sanctions, tariffs, and export controls — reflecting a shift away from decades of global economic integration.

So how did we get here? What does this new age of economic warfare mean for global stability and the global economy? And how might these tools reshape everything from energy markets to global banking systems in the years ahead?

This week, Jason Bordoff talks to Eddie Fishman about his upcoming book "Chokepoints: American Power in the Age of Economic Warfare," which comes out on February 25th. The book traces the evolution of economic warfare from the “War on Terror” to today's great power competition.

Eddie is a senior research scholar at the Center on Global Energy Policy and an adjunct professor at Columbia University. He also serves as an adjunct senior fellow at the Center for a New American Security and a nonresident senior fellow at the Atlantic Council.

Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Erin Hardick, Mary Catherine O’Connor, Caroline Pitman, and Kyu Lee. Engineering by Sean Marquand. Stephen Lacey is executive producer.

Over the past month, the Trump administration has declared a national energy emergency, launched an ambitious agenda aimed at transforming the nation's energy landscape, and pulled back from America’s climate commitments.

At the heart of Trump’s “Unleashing American Energy” strategy lies a complex balancing act: maximizing domestic energy production and infrastructure development while also navigating concerns about the cost of energy, grid reliability, and economic competitiveness. And there are open questions about the implications for the Biden administration’s energy and climate initiatives, including the Inflation Reduction Act, and more broadly for America’s energy transition. 

How will this reshaping of American energy policy affect domestic markets? What role will technological innovation play in bridging competing priorities? And how might this transformation impact the delicate balance between energy security and climate considerations?

This week host Jason Bordoff talks with Paul Dabbar about the Trump administration’s energy agenda, and its focus on national security and energy affordability.

Paul is the chairman and CEO of Bohr Quantum Technologies and a non-resident fellow at Columbia’s Center on Global Energy Policy. He has spent the last few months leading the efforts of the incoming Trump administration to put together the U.S. Department of Energy. Paul served as the fourth undersecretary of energy for science during the first Trump administration. 

Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Erin Hardick, Mary Catherine O’Connor, Caroline Pitman, and Kyu Lee. Engineering by Sean Marquand. Stephen Lacey is executive producer.

Last week, President Trump wasted no time in making good on a long list of energy-related campaign promises. Declaring a national energy emergency, he issued executive orders that could undo several Biden- and Obama-era climate policies. Carbon emissions standards are now in limbo, as are electric vehicle incentives and building energy efficiency standards. Trump wants to lift barriers to fossil fuel and mineral exploration and production. And once again, he has ordered the U.S. to withdraw from the Paris Agreement.  

What are the likely near- and mid-term impacts of these seismic shifts in policy? How are last week’s executive orders likely to play out in the courts? What changes are afoot for the Environmental Protection Agency, the Department of Energy, and the Department of the Interior? What role will the Treasury Department play in energy policy, given its responsibilities with tariffs, tax credits, and sanctions? 

This week, Bill Loveless talks with reporters Jennifer Dlouhy and Maxine Joselow about the year ahead and the stories they’re chasing.

Jennifer is an energy and environmental policy reporter for Bloomberg News. Before joining Bloomberg in 2015, she was the Washington correspondent for the Houston Chronicle where she covered energy and environmental policy with a special focus on oil and gas.

Maxine covers climate change and the environment for The Washington Post, focusing on US climate policy and politics. Before joining the Post in 2021, she was at E&E News, where her investigative reporting was honored with a Dateline Award from the D.C. Chapter of the Society of Professional Journalists.

President Donald Trump’s administration is promising an energy policy overhaul that would fundamentally reshape America's climate and energy policies. Trump and Republican leaders have pledged to pull back from many of the Biden administration’s climate actions, including parts of the Inflation Reduction Act, and surge domestic oil and gas production and exports.  

Meanwhile, global energy markets face mounting uncertainties including an escalating U.S.-China trade war, new sanctions on Russian energy and Europe's continued dependence on Russian energy, and growing tensions between rich and poor countries over how the energy transition is unfolding. In both the United States and Europe, energy security, competitiveness, and costs are top priorities now, along with climate change. With climate targets and energy security needs often pulling in opposite directions, nations are facing difficult choices about how to balance competing priorities in an increasingly complex world.

How will energy politics and policy change under a second Trump administration? And how will shifts in U.S. policy impact global energy geopolitics?

This week host Jason Bordoff talks with Frank Fannon about what to expect from the Trump administration's energy agenda. 

Frank is the founder of Fannon Global Advisors. He previously served as America's first Senate-confirmed assistant secretary of state for Energy Resources during the first Trump administration, where he led major energy and infrastructure initiatives across the globe, and elevated the critical role of minerals in the clean energy transition. Earlier in his career, he served as counsel to the Senate Environment and Public Works Committee.

The year 2024 ended with a sobering milestone: it was officially the hottest year ever recorded. That pattern of extremes continues around the world, especially in Southern California, which is suffering from one of its worst disasters in history. First responders are battling lethal wildfires that have consumed more than 12,000 buildings and homes, and forced more than 100,000 people to evacuate. 

But beyond these headlines about rising temperatures and intensifying disasters lies a critical question: How can we better predict and prepare for extreme weather events in a warming world?

Recent breakthroughs in AI-powered weather forecasting have produced new models that not only match but sometimes outperform traditional prediction systems. These advances couldn't come at a more crucial time – in 2023 alone, the US suffered $95 billion in damages from 28 separate extreme weather events.

So, how do we ensure these powerful new tools reach the communities that need them most? How can advances in weather forecasting enhance energy resiliency? And what role should public agencies play as private companies push the boundaries of prediction technology?

This week host Bill Loveless talks with Alice Hill and Colin McCormick about AI in weather forecasting. Together, they authored a chapter on extreme weather response in the Innovation for Cool Earth Forum’s report Artificial Intelligence for Climate Change Mitigation Roadmap. 

Alice is the David M. Rubenstein senior fellow for energy and the environment at the Council on Foreign Relations. She previously served as special assistant to President Obama and senior director for resilience policy on the National Security Council.

Colin is a principal scientist at Carbon Direct, where he provides expertise across carbon removal methods and industrial decarbonization. He previously served as senior advisor for R&D at the US Department of Energy. He is currently an adjunct professor at Georgetown University's Walsh School of Foreign Service.

Climate change isn't just an environmental threat—it's becoming a catalyst for conflict.

Over the past decade, rising temperatures, water shortages, and other environmental disruptions have fueled tensions from the deserts of Iraq to the mountains of Nepal. And according to journalist Peter Schwartzstein, we're witnessing the emergence of a new, dangerous phenomenon: climate-related violence.

In his new book, "The Heat and the Fury: On the Frontlines of Climate Violence," Schwartzstein takes readers on a harrowing journey, revealing how climate change is fundamentally reshaping human conflict.

What happens when water becomes scarce? How do extreme weather events transform recruitment strategies for terrorist groups? And are even wealthy democracies vulnerable to this emerging form of societal stress?

Peter is an award-winning journalist specializing in climate security with extensive reporting experience across the Middle East and Africa. His work has been featured in publications including National Geographic, The New York Times, and Foreign Policy. As a journalist who has been chased by kidnappers and has navigated dangerous environments to tell critical stories, Schwartzstein offers a unique, ground-level perspective on how climate change is reshaping global security.

Energy is fundamental to economic development. It propels manufacturing, transportation, and construction, and throughout history, it’s been the driver of human prosperity. But as global population continues to increase, and countries develop, energy use could double by the end of this century—with much of that increase concentrated in the developing world. 

Meeting that demand while ensuring we stay on track to reach a net- zero future is a massive challenge. It means leveraging both new innovations and scaling up the technologies that are already available. It also means increasing investment, as emerging markets and developing economies outside China account for only around 15% of clean energy spending. 

Why is energy a critical enabler of development? What would it mean to electrify everything, and is that even possible? And what role will existing technologies like nuclear power play in a net-zero world?

This week, a re-run of host Jason Bordoff’s conversation with Eric Toone from July of this year where they discussed the challenges of increasing energy access in the developing world while rapidly cutting emissions. 

Eric is the technical lead on the Investment Committee at Breakthrough Energy Ventures. Before joining Breakthrough in 2017, he was the vice provost and director of the Duke University Innovation and Entrepreneurship Initiative, and a professor of chemistry and biochemistry. From 2009 to 2012 he was detailed to the U.S. Department of Energy’s Advanced Research Projects Agency, where he served as program director and deputy director for Technology.

In Brazil, the energy transition is pushed and prodded by conflicting forces. 

Its government is taking significant steps to cut emissions. For example, in August, it passed a much-anticipated low-carbon hydrogen framework; and in November, a law to create a regulated carbon market. And since taking office in 2023, President Luiz Inácio Lula da Silva has spearheaded significant reductions in deforestation of the Amazon rainforest. 

But Brazil is also Latin America’s biggest producer of oil, and it has been ramping up its output. 

In light of Brazil’s strategic role in climate – it currently holds the presidency of the G-8, and in 2025 it will host COP30 – we’re rerunning an episode from February digging into Brazil’s energy transition. 

How is the energy transition in Brazil unfolding amid these conflicting pressures? And how can the country balance environmental protection and energy security? 

Bill Loveless talks with Thiago Barral about how Brazil plans to build up clean energy technologies, and how geopolitics shapes that strategy. 

Thiago is the national secretary of planning and energy transition of the Ministry of Mines and Energy for Brazil. Before his role as secretary, he was the president of the Energy Research Company, a Brazilian institution responsible for energy planning studies and official state energy statistics. Thiago joined the Energy Research Company in 2007, and also served as director of energy economics and environmental studies.

The headline from this year’s World Energy Outlook released by the International Energy Agency says, “The world is on the brink of a new age of electricity.” In the United States, electrification is set to transform the energy landscape, and the nation is expected to see a rapid rise in power demand. 

Questions remain over how this demand will be met, and if this means increasing carbon emissions from the power sector. These questions are further complicated by the rise of artificial intelligence and an antiquated and fragmented electric grid.

So how do efforts to decarbonize the century-old power system impact both reliability and the cost of electricity? And what does this new era of rising electricity demand mean for domestic manufacturing, AI data centers, and other industries?  

This week host Jason Bordoff talks with Cheryl LaFleur and David Hill about the incoming Trump administration, its impact on FERC, and the status of permitting reform measures.  

Cheryl is an advisory board member at the Center on Global Energy Policy. Previously, she was one of the longest-serving commissioners on the Federal Energy Regulatory Commission from 2010 to 2019, and served twice as FERC’s chair. Since 2019, Cheryl has served on the board of directors of the Independent System Operator of New England (ISO-NE).

David is a non-resident fellow at the Center on Global Energy Policy. He served as general counsel of the U.S. Department of Energy during the George W. Bush administration. From 2012 to 2018, he served as executive vice president and general counsel of NRG Energy, Inc.