
Columbia Energy Exchange
Tensions Rise in Global Trade
Sep 12, 2023
The podcast explores the challenges and risks of trade tensions in the global clean energy trade, including carbon border adjustments and multilateral trade agreements. It discusses the mission of Silverado, an organization focused on creating innovative policy solutions. The chapter also highlights the importance of revisiting assumptions about trade rules and the potential consequences of trade tensions in the clean energy transition. It delves into the challenges of determining carbon content and carbon border adjustments, and explores the potential impact of the upcoming presidential election on climate policies and trade.
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Quick takeaways
- Balancing open market access and control over future energy supply chains is a major challenge in global clean energy trade.
- The global trading system needs to adapt to the clean energy transition by considering more agile defensive measures and challenging traditional trade disciplines.
Deep dives
Trade tensions and the clean energy transition
The growing focus on clean energy is putting strain on the international trading system, with new fault lines emerging and old rivalries reigniting. Policymakers face the challenge of balancing open market access with control over future energy supply chains. A fractured global market could slow down clean energy uptake, which is crucial for addressing the climate crisis.
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