In this book, Daniel Yergin explores the new map of energy and geopolitics emerging from the collision of energy, climate change, and the clashing power of nations. The 'shale revolution' has made the United States the world's number one energy powerhouse, while concerns about climate change drive a second energy revolution towards a low-carbon future. The book delves into the geopolitical implications, including the new cold war between the United States and China, Russia's pivot towards Beijing, and the challenges in the Middle East. Yergin provides a detailed and engaging survey of these developments, highlighting the profound challenges ahead in an era of rising political turbulence.
The Prize chronicles the struggle for wealth and power that has surrounded oil for over a century. The book spans from the drilling of the first well in Pennsylvania through two great world wars, the Iraqi invasion of Kuwait, Operation Desert Storm, and the Iraq War, to current climate change. It is a definitive work on the subject of oil, addressing its role in shaping major world events, global power dynamics, and the ongoing energy crisis. Yergin's narrative includes the rise of John D. Rockefeller's Standard Oil, the discovery of oil in various regions, and the geopolitical clashes over oil resources, making it crucial for understanding world politics and the global economy[2][3][5].
What’s ahead for 2025? In the first ESG Insider podcast episode of the new year, we’re talking to Pulitzer Prize-winning author Daniel Yergin about the outlook for the energy transition in a landscape of geopolitical unrest and climate change.
“The global political situation is very unsettled, and that’s going to reverberate on energy transition, on sustainability and on energy markets,” says Daniel, who is Vice Chairman of S&P Global and Chairman of CERAWeek, the annual S&P Global conference that has been described as “the Davos of energy.” Daniel leads the event’s Executive Conference and tells us what to expect when energy, climate and technology leaders from the public and private sectors convene in Houston, Texas March 10-14 for CERAWeek 2025.
In 2025 many climate and energy transition conversations will center around emerging technologies and solutions. This is the focus of the other half of the CERAWeek conference, known as the Innovation Agora, and we talk to Atul Arya to learn more about this landscape and what’s ahead. Atul is Senior Vice President and Chief Energy Strategist at S&P Global Commodity Insights, where he hosts the CERAWeek Podcast.
“Our goal with Agora is to move the conversation, move the technologies, and ultimately help companies solve the climate problem while meeting the energy demands,” Atul tells us.
Learn more about the CERAWeek Podcast here: https://ceraweek.com/podcast/index.html
For the latest information on CERAWeek speakers, agenda and registration, visit http://www.ceraweek.com/?utm_source=Podcast&utm_medium=ESGInsider&utm_campaign=JAN03
Listen to our previous interview with Daniel Yergin here: https://www.spglobal.com/esg/podcasts/talking-climate-diplomacy-and-the-energy-transition-with-dan-yergin
This piece was published by S&P Global Sustainable1, a part of S&P Global.
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