Clean Up the Mess: Energy Security in a Competitive World

In a world increasingly marked by competition and confrontation, the global energy landscape is also transforming. Across the world, nations face difficult choices and trade-offs related to climate objectives, security of supply chains, and affordability. Rising energy and food prices caused by Russia’s war in Ukraine are complicating factors. In the EU, replacing Russian fossil fuels threatens the European Green Deal’s ambitious climate goals. Fast growing economies in Asia and elsewhere may be priced out of the LNG market and return to dirtier fuels, undermining the objective of the Paris Agreement to limit global warming, while efforts to meet climate targets may create unwelcome dependencies on countries which dominate the clean energy market. Competition in energy markets challenges the very unity required to tackle climate change and other global problems.

Speakers

Pavel Baev

Research Professor at the Peace Research Institute Oslo

Nana Gyasi

CEO of Kanay

Alan Riley

Visiting Professor at the College of Europe

Taavi Veskimägi

Chairman of the Board of Elering

Geir Westgaard

Senior Adviser for Global External Analysis at Equinor

Moderator

Anja Wehler-Schöck

International Editor at Tagesspiegel

Can protectionism and unfair trade practices in the clean technology sector be avoided? How can clean energy goals be achieved while avoiding undesirable strategic dependencies? Can the west and global south work together to tackle climate injustice, food security and the energy shortages caused by fragmented energy markets and the war?

“They were careless people, Tom and Daisy – they smashed up things and creatures
and then retreated back into their money or their vast carelessness or whatever it was
that kept them together, and let other people clean up the mess they had made.”
F Scott Fitzgerald, the Great Gatsby (1925)