Full Title: Creating a New Energy Strategy for a Post Ukraine War World
Author(s): Anthony H. Cordesman, Paul Cormarie
Publisher(s): Center for Strategic and International Studies
Publication Date: August 22, 2022
Full Text: Download Resource
Description (excerpt):
There is every reason for the U.S. to focus on the dangers of climate change and the need to change the sources of its energy supplies to reduce carbon emissions. The new Inflation Reduction Act that President Biden signed on August 16, 2022, is an important step toward achieving these goals. At the same time, however, the U.S. needs to work with it European strategic partners to permanently reduce their dependence on Russian oil and gas exports and work with Asian partners like Japan and South Korea to ensure that they will not confront a similar threat in the future from China.
The Ukraine War may well end within a few years, but unless Russia’s leadership changes fundamentally in character, the energy crisis triggered by the Ukraine War is a warning that NATO European states and Europe must not return to dependence on Russian gas and oil. The war is also a warning that America’s strategic partners in the Pacific could face a future Chinese threat to their energy imports that could be as serious as the one Europe faces today.