2min chapter

ESG Insider: A podcast from S&P Global cover image

On the ground at CERAWeek: Where the energy world stands on the low-carbon transition

ESG Insider: A podcast from S&P Global

CHAPTER

Onshoring the Extreme Form

Onshoring the extreme form means, making sure that there are American supply chains. There's a kind of softer form which is sometimes called friend shoring where our allies are considered honorary Americans as it were. Once you start friend shoring, then the politics in Washington erodes a little bit because it's not American jobs. And I'm very concerned that all the onshoring and friend shoring and the other variants of shoring will introduce chaos into those markets.

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