HomeMy WebLinkAbout082522 FW_ CFR State and Local Officials Newsletter on Energy and the Economy
________________________________
From: Irina A. Faskianos
Sent: Thursday, August 25, 2022 8:51:57 AM (UTC-08:00) Pacific Time (US & Canada)
To: Heidi Eisenhour
Subject: CFR State and Local Officials Newsletter on Energy and the Economy
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ALERT: BE CAUTIOUS This email originated outside the organization. Do not open attachments or click on links if you are not expecting them.
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State and Local Officials Newsletter
August 2022
Energy and the Economy
<https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/13c8ab77-773e-424e-80a6-65b998921ce1/org-1370-03441919/GettyImages-1397779082.jpg>
An array of electricity-producing wind turbines along Interstate 10 near Palm Springs, California. (Getty/George Rose)
The rising cost of energy and its inflationary effect on the economy is on the minds of Americans from coast to coast. The Council on Foreign Relations (CFR) has been actively studying
current economic conditions and their international underpinnings. This edition of the State and Local Officials Newsletter brings you information and in-depth analysis from CFR.org
<http://link.quorum.us/f/a/3aZR8N700EsF-U-7mGRC1w~~/AACYXwA~/RgRk6h-dP4QNAmh0dHBzOi8vbmFtMTAuc2FmZWxpbmtzLnByb3RlY3Rpb24ub3V0bG9vay5jb20vP3VybD1odHRwJTNBJTJGJTJGbGluay5xdW9ydW0udXMlMkZmJTJGYSUyRmxNc
nhUUGtaZjBYT1pMZVd0UFRJTEF-fiUyRkFBQ1lYd0F-JTJGUmdSai05UTJQMFFVYUhSMGNITTZMeTkzZDNjdVkyWnlMbTl5Wnk5WEEzTndZMElLWWhhQVR4bGlZMk5QdWxJUFlXMXZjbWRoYmtCalpuSXViM0puV0FRQUFBQUEmZGF0YT0wNSU3QzAxJTdDc3dpZXNr
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Bd01EQWlMQ0pRSWpvaVYybHVNeklpTENKQlRpSTZJazFoYVd3aUxDSlhWQ0k2TW4wJTNEJTdDMzAwMCU3QyU3QyU3QyZzZGF0YT11OUtBcnF2RE9DMHExaDFNTkN3QUM2b0hDOCUyRmlLS1FoRFZQWEREY25ORU0lM0QmcmVzZXJ2ZWQ9MFcDc3BjQgpjBumaB2NR2-
qdUh1oZWlzZW5ob3VyQGNvLmplZmZlcnNvbi53YS51c1gEAAAAAA~~> and ForeignAffairs.com <http://link.quorum.us/f/a/4taXbrgLqLpReXXCIS9Gfg~~/AACYXwA~/RgRk6h-dP4QlAmh0dHBzOi8vbmFtMTAuc2FmZWxpbmtzLnByb3RlY3Rpb2
4ub3V0bG9vay5jb20vP3VybD1odHRwJTNBJTJGJTJGbGluay5xdW9ydW0udXMlMkZmJTJGYSUyRmk4b0FEVzZsczIxSGt1TUxEY3E2emd-fiUyRkFBQ1lYd0F-JTJGUmdSai05UTJQMFFpYUhSMGNITTZMeTkzZDNjdWRHaHBibXRuYkc5aVlXeG9aV0ZzZEdndWIzS
m5MMWNEYzNCalFncGlGb0JQR1dKalkwLTZVZzloYlc5eVoyRnVRR05tY2k1dmNtZFlCQUFBQUFBfiZkYXRhPTA1JTdDMDElN0Nzd2llc2tlJTQwY2ZyLm9yZyU3QzVlMmJiMGEyZDdiMzRlMDgwMzIzMDhkYTQ5NTE3OWE1JTdDMTQ2Y2MzZGIzMmYyNGIzYzgxNTYy
NWJjYzM1NTM0NjQlN0MwJTdDMCU3QzYzNzkwMjkxMTUzMjIwNzkyMSU3Q1Vua25vd24lN0NUV0ZwYkdac2IzZDhleUpXSWpvaU1DNHdMakF3TURBaUxDSlFJam9pVjJsdU16SWlMQ0pCVGlJNklrMWhhV3dpTENKWFZDSTZNbjAlM0QlN0MzMDAwJTdDJTdDJTdDJnN
kYXRhPXQxcU43T21IUyUyRjFQJTJCdHM1dXducEtFdEclMkJORldBU2dlSEs0bXg0RE9VMlklM0QmcmVzZXJ2ZWQ9MFcDc3BjQgpjBumaB2NR2-qdUh1oZWlzZW5ob3VyQGNvLmplZmZlcnNvbi53YS51c1gEAAAAAA~~> on the latest
trends and factors shaping the global energy market.
We look forward to your continued participation in the CFR State and Local Officials Initiative and hearing your feedback on how we can better support the work you are doing. Please
email us at stateandlocal@cfr.org <mailto:stateandlocal@cfr.org> .
Best regards,
Irina A. Faskianos
Vice President, National Program and Outreach
Global Energy Tracker
CFR’s Benn Steil <http://link.quorum.us/f/a/SXCkyuFDHlfCs4M1ET2J7g~~/AACYXwA~/RgRk6h-dP0QlaHR0cHM6Ly93d3cuY2ZyLm9yZy9leHBlcnQvYmVubi1zdGVpbFcDc3BjQgpjBumaB2NR2-qdUh1oZWlzZW5ob3VyQGNvLmplZmZlcnNvbi53Y
S51c1gEAAAAAA~~> and Benjamin Della Rocca compiled energy data for seventy-nine countries to build interactive charts tracking energy-consumption trends from 1990 to the present day.
Explore more on CFR.org » <http://link.quorum.us/f/a/UaB2U9MkzBQ0k4noNk_V5Q~~/AACYXwA~/RgRk6h-dP0QxaHR0cHM6Ly93d3cuY2ZyLm9yZy90cmFja2VyL2dsb2JhbC1lbmVyZ3ktdHJhY2tlclcDc3BjQgpjBumaB2NR2-qdUh1oZWlzZW5o
b3VyQGNvLmplZmZlcnNvbi53YS51c1gEAAAAAA~~>
<https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/13c8ab77-773e-424e-80a6-65b998921ce1/org-1370-03441919/tempsnip.jpg>
(Council on Foreign Relations)
The Supreme Court’s EPA Ruling Will Delay U.S. Climate Action
The recent Supreme Court ruling in West Virginia v. Environmental Protection Agency (EPA) limits the EPA’s ability to regulate the power sector’s carbon emissions. CFR’s Alice Hill <http://link.quoru
m.us/f/a/fgci0cVZl1Xd7OEQQo6oiw~~/AACYXwA~/RgRk6h-dP0QnaHR0cHM6Ly93d3cuY2ZyLm9yZy9leHBlcnQvYWxpY2UtYy1oaWxsVwNzcGNCCmMG6ZoHY1Hb6p1SHWhlaXNlbmhvdXJAY28uamVmZmVyc29uLndhLnVzWAQAAAAA> and
Madeline Babin argue that this shift accorded Congress a pivotal role in defining the regulatory reach of U.S. climate efforts and undermined Biden’s intent to lead the global effort
to reduce carbon emissions. Read more on CFR.org » <http://link.quorum.us/f/a/-Cfw3HO9UUjCB5jqwuxAfA~~/AACYXwA~/RgRk6h-dP0RiaHR0cHM6Ly93d3cuY2ZyLm9yZy9pbi1icmllZi9zdXByZW1lLWNvdXJ0LWVwYS13ZXN0LXZpcm
dpbmlhLXJ1bGluZy1kZWxheS11cy1jbGltYXRlLWNoYW5nZS1hY3Rpb25XA3NwY0IKYwbpmgdjUdvqnVIdaGVpc2VuaG91ckBjby5qZWZmZXJzb24ud2EudXNYBAAAAAA~>
The New Energy Order
The combination of climate change threats and Russia’s invasion of Ukraine have made energy security a primary concern for policymakers. Columbia University’s Jason Bordoff and CFR’s
Meghan L. O’Sullivan <http://link.quorum.us/f/a/Tc1JZWl3QmKSA0r4nmPwRQ~~/AACYXwA~/RgRk6h-dP0QqaHR0cHM6Ly93d3cuY2ZyLm9yZy9iaW8vbWVnaGFuLWwtb3N1bGxpdmFuVwNzcGNCCmMG6ZoHY1Hb6p1SHWhlaXNlbmhvdXJAY28uamVm
ZmVyc29uLndhLnVzWAQAAAAA> compare today’s energy crisis with that of the 1970s and discuss the right balance between government and market solutions.
Read more on ForeignAffairs.com » <http://link.quorum.us/f/a/0GR6Hz3GFNim-TrTjHFtVw~~/AACYXwA~/RgRk6h-dP0Q8aHR0cHM6Ly93d3cuZm9yZWlnbmFmZmFpcnMuY29tL2d1ZXN0LXBhc3MvcmVkZWVtL09IMktxdUNtRmY4VwNzcGNCCmMG
6ZoHY1Hb6p1SHWhlaXNlbmhvdXJAY28uamVmZmVyc29uLndhLnVzWAQAAAAA>
Rethinking the U.S. Approach to Energy
RBC Capital Markets’ Helima Croft, RAND Corporation’s Robert J. Lempert, Hewlett Foundation’s Jonathan Pershing, and Wilson Center’s Sherri Goodman discuss the U.S. approach to energy
production, foreign oil dependence, climate concerns, and alternative energy sources.
<https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/13c8ab77-773e-424e-80a6-65b998921ce1/org-1370-03441919/black-and-silver-solar-panels-159397.jpg>
Watch on CFR.org <http://link.quorum.us/f/a/BKYwF3AuqOYAa4VoPP5Fqw~~/AACYXwA~/RgRk6h-dP0RPaHR0cHM6Ly93d3cuY2ZyLm9yZy9ldmVudC9yZW5ld2luZy1hbWVyaWNhLXNlcmllcy1yZXRoaW5raW5nLXVzLWFwcHJvYWNoLWVuZXJneVcDc
3BjQgpjBumaB2NR2-qdUh1oZWlzZW5ob3VyQGNvLmplZmZlcnNvbi53YS51c1gEAAAAAA~~>
AMLO’s Lithium Grab and War on Green Energy Will Hurt North America
CFR’s Shannon K. O’Neil <http://link.quorum.us/f/a/EMvnULDlZPdb3c9kktLO6g~~/AACYXwA~/RgRk6h-dP0QqaHR0cHM6Ly93d3cuY2ZyLm9yZy9leHBlcnQvc2hhbm5vbi1rLW9uZWlsVwNzcGNCCmMG6ZoHY1Hb6p1SHWhlaXNlbmhvdXJAY28uam
VmZmVyc29uLndhLnVzWAQAAAAA> explains how President Andrés Manuel López Obrador’s extension of state control over energy and lithium reserves is stifling Mexico’s post-COVID economic
recovery and affecting supply chains, climate change, and migration in North America.
Read more on CFR.org » <http://link.quorum.us/f/a/lIY8agJsM_3BlAbvgQEbhw~~/AACYXwA~/RgRk6h-dP0RbaHR0cHM6Ly93d3cuY2ZyLm9yZy9hcnRpY2xlL2FtbG9zLWxpdGhpdW0tZ3JhYi1hbmQtd2FyLWdyZWVuLWVuZXJneS13aWxsLWh1cnQ
tbm9ydGgtYW1lcmljYVcDc3BjQgpjBumaB2NR2-qdUh1oZWlzZW5ob3VyQGNvLmplZmZlcnNvbi53YS51c1gEAAAAAA~~>
Renewing America’s Leadership in the Global Civil Nuclear Energy Market
To counter Russia’s nuclear power dominance and establish American leadership in the global nuclear energy market, CFR’s Zongyuan Zoe Liu <http://link.quorum.us/f/a/0qpCJicijHVTCuez_P7jeQ~~/AACYXwA~/
RgRk6h-dP0QraHR0cHM6Ly93d3cuY2ZyLm9yZy9leHBlcnQvem9uZ3l1YW4tem9lLWxpdVcDc3BjQgpjBumaB2NR2-qdUh1oZWlzZW5ob3VyQGNvLmplZmZlcnNvbi53YS51c1gEAAAAAA~~> argues that the U.S. government should
streamline nuclear export licensing procedures and improve financing options. Read more on CFR.org » <http://link.quorum.us/f/a/-2UrKLu528zy1BLV6-ULWA~~/AACYXwA~/RgRk6h-dP0RYaHR0cHM6Ly93d3cuY2ZyLm9y
Zy9ibG9nL3JlbmV3aW5nLWFtZXJpY2FzLWxlYWRlcnNoaXAtZ2xvYmFsLWNpdmlsLW51Y2xlYXItZW5lcmd5LW1hcmtldFcDc3BjQgpjBumaB2NR2-qdUh1oZWlzZW5ob3VyQGNvLmplZmZlcnNvbi53YS51c1gEAAAAAA~~>
The Foreign Affairs Interview Podcast
Join Host Daniel Kurtz-Phelan <http://link.quorum.us/f/a/nR7kXnBD4VCICMSV8qhLwA~~/AACYXwA~/RgRk6h-dP0Q6aHR0cHM6Ly93d3cuZm9yZWlnbmFmZmFpcnMuY29tL2F1dGhvcnMvZGFuaWVsLWt1cnR6LXBoZWxhblcDc3BjQgpjBumaB2NR
2-qdUh1oZWlzZW5ob3VyQGNvLmplZmZlcnNvbi53YS51c1gEAAAAAA~~> , editor of Foreign Affairs magazine, as he meets with policymakers and experts to discuss the forces shaping the world. Recent
episodes feature guests such as Linda Thomas-Greenfield, Lawrence Freedman, Meghan O’Sullivan, and Jason Bordoff.
Listen on ForeignAffairs.com » <http://link.quorum.us/f/a/3tZPdDkvNUiS0iVFje4zQg~~/AACYXwA~/RgRk6h-dP0RBaHR0cHM6Ly93d3cuZm9yZWlnbmFmZmFpcnMuY29tL3BvZGNhc3RzL2ZvcmVpZ24tYWZmYWlycy1pbnRlcnZpZXdXA3NwY0I
KYwbpmgdjUdvqnVIdaGVpc2VuaG91ckBjby5qZWZmZXJzb24ud2EudXNYBAAAAAA~>
Why It Matters: Batteries Not Included
The global demand for lithium, a major component to electric vehicles and advanced batteries, is outpacing supply. Fannon Global Advisors’ Frank Fannon and the Economist’s Vijay V. Vaitheeswaran
join CFR Host Gabrielle Sierra <http://link.quorum.us/f/a/bsRpciGmqRp0hhn4_BAe3Q~~/AACYXwA~/RgRk6h-dP0QoaHR0cHM6Ly93d3cuY2ZyLm9yZy9iaW8vZ2FicmllbGxlLXNpZXJyYVcDc3BjQgpjBumaB2NR2-qdUh1oZWlzZW5ob3VyQG
NvLmplZmZlcnNvbi53YS51c1gEAAAAAA~~> to discuss the role of lithium in clean energy, attempts to increase production capacity, supply chains, and China’s market dominance. Listen on
CFR.org » <http://link.quorum.us/f/a/boFFoLPVrTqd29RY3iVgjQ~~/AACYXwA~/RgRk6h-dP0QzaHR0cHM6Ly93d3cuY2ZyLm9yZy9wb2RjYXN0cy9iYXR0ZXJpZXMtbm90LWluY2x1ZGVkVwNzcGNCCmMG6ZoHY1Hb6p1SHWhlaXNlbmhvdXJAY28uamV
mZmVyc29uLndhLnVzWAQAAAAA>
How the U.S. Oil and Gas Industry Works
This recently updated CFR Backgrounder explains the United States’ role as the world’s top producer of oil and gas and asserts that it has reached an inflection point: either continue
its high production pace or reduce carbon emissions to achieve climate goals. Read more on CFR.org » <http://link.quorum.us/f/a/8_E1_vp2iGymaCGnoeMvIQ~~/AACYXwA~/RgRk6h-dP0RCaHR0cHM6Ly93d3cuY2ZyLm9y
Zy9iYWNrZ3JvdW5kZXIvaG93LXVzLW9pbC1hbmQtZ2FzLWluZHVzdHJ5LXdvcmtzVwNzcGNCCmMG6ZoHY1Hb6p1SHWhlaXNlbmhvdXJAY28uamVmZmVyc29uLndhLnVzWAQAAAAA>
CFR Expert Spotlight
<https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/13c8ab77-773e-424e-80a6-65b998921ce1/org-1370-03441919/Alice%20Hill%20photo_0.jpg>
Alice Hill <http://link.quorum.us/f/a/fgci0cVZl1Xd7OEQQo6oiw~~/AACYXwA~/RgRk6h-dP0QnaHR0cHM6Ly93d3cuY2ZyLm9yZy9leHBlcnQvYWxpY2UtYy1oaWxsVwNzcGNCCmMG6ZoHY1Hb6p1SHWhlaXNlbmhvdXJAY28uamVmZmVyc29uLndhLnV
zWAQAAAAA> , CFR’s David M. Rubenstein senior fellow for energy and the environment. Her work at CFR focuses on the risks, consequences, and responses associated with climate change.
She is the author of The Fight for Climate After COVID-19.
<https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/13c8ab77-773e-424e-80a6-65b998921ce1/org-1370-03441919/Zoe%20photo.jpg>
Zongyuan Zoe Liu <http://link.quorum.us/f/a/0qpCJicijHVTCuez_P7jeQ~~/AACYXwA~/RgRk6h-dP0QraHR0cHM6Ly93d3cuY2ZyLm9yZy9leHBlcnQvem9uZ3l1YW4tem9lLWxpdVcDc3BjQgpjBumaB2NR2-qdUh1oZWlzZW5ob3VyQGNvLmplZmZlc
nNvbi53YS51c1gEAAAAAA~~> , CFR’s fellow for international political economy. Her work focuses on international political economy, global financial markets, sovereign wealth funds, supply
chains of critical minerals, energy and climate change policy, and East Asia-Middle East relations.
<https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/13c8ab77-773e-424e-80a6-65b998921ce1/org-1370-03441919/Benn_Steil_photo_2011.jpg>
Benn Steil <http://link.quorum.us/f/a/SXCkyuFDHlfCs4M1ET2J7g~~/AACYXwA~/RgRk6h-dP0QlaHR0cHM6Ly93d3cuY2ZyLm9yZy9leHBlcnQvYmVubi1zdGVpbFcDc3BjQgpjBumaB2NR2-qdUh1oZWlzZW5ob3VyQGNvLmplZmZlcnNvbi53YS51c1g
EAAAAAA~~> , CFR’s senior fellow and director of international economics. He is the founding editor of International Finance, a scholarly economics journal, and lead writer of CFR’s
Geo-Graphics economics blog, and creator of eight web-based interactives.
The CFR State and Local Officials Newsletter is a monthly roundup of CFR resources and information tailored to support the work of U.S. officials, their staffs, and other policy professionals.
About CFR’s State and Local Officials Initiative
The CFR State and Local Officials Initiative is a nonpartisan, independent resource on pressing international issues that affect the priorities and agendas of state and local governments,
including the economy, trade and competitiveness, homeland security, public health, energy supply, and climate policy. For more information, email CFR’s State and Local Officials Initiative
at stateandlocal@cfr.org <mailto:stateandlocal@cfr.org> .
About CFR
The Council on Foreign Relations (CFR) is an independent, nonpartisan membership organization, think tank, publisher, and educational institution dedicated to being a resource for its
members, government officials, business executives, journalists, educators and students, civic and religious leaders, and other interested citizens in order to help them better understand
the world and the foreign policy choices facing the United States and other countries. Founded in 1921, CFR takes no institutional positions on matters of policy.
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