COP27 is underway and the World Leaders Summit has already come to a close. With this year's global climate gathering comes another reminder of just how far we are from actually curbing emissions to hit the goals of the Paris Agreement. Plus, with the Russian invasion of Ukraine and energy prices spiking this year, we are confronting the cruel reality of how our reliance on coal, oil, and gas is leading to 2022's "fossilflation."

Professor Gernot Wagner, a climate economist at Columbia Business School and author of Geoengineering: The Gamble, has written quite a bit on how global leaders should respond. He joins the show this week to discuss some of 2022's biggest energy issues and what we might expect to see unfold at COP27 and beyond to combat the turbulent prices that come with fossil fuel dependency.

Follow Gernot Wagner on Twitter and check out his website for all his writings.

Further Reading from Gernot Wagner:

The Clean-Energy Race Is On

Helping people hurt from high energy prices

Cut off Russian gas