NEW WINNERS, NEW LOSERS: TOWARD A NEW ENERGY SECURITY

Payne Institute Director Morgan Bazilian and Fellow Cullen Hendrix write about how we are in the midst of the biggest global energy crisis in history.  Old playbooks are not up to the task. This new paradigm will require making the new geopolitical risks and tradeoffs of sustainable energy systems explicit. It will also require figuring out how to ensure energy security for some — major powers and developed economies — does not create massive insecurity for the rest: the many developing countries that have huge unmet energy needs and significant natural resources. August 4, 2022.