Cross-Brookings Initiative on Energy and Climate
The new dynamics of global energy and climate: A conversation with Exelon CEO Chris Crane
Building the evidence base for accelerated climate action
Economic diversification in the GCC: Past lessons and new challenges
Bruce Jones
Vice President and Director - Foreign Policy
Senior Fellow - Foreign Policy, Project on International Order and Strategy
Dollar-denominated oil survived three years of rock-bottom prices and diverging economic fortunes between the United States and the producing countries. It is unlikely to change now that the industry is more flush with cash.
[On U.S.-Chinese climate cooperation under the Obama administration] When I say we had very good cooperation that didn’t mean we didn’t fight and argue and have very different views…we knew we were committed to trying to work together in a way that wasn’t going to cross red lines. Eventually – although it could take a long time – we will find a way.
[On the Global Climate Action Summit] I think that this summit’s been very useful. It’s a demonstration of activism, it’s a demonstration of will, it’s a demonstration of engagement by all sorts of sub-national players, and I think that’s all been tremendously useful. But, it doesn’t fill the gap of the absence of the United States at a national level. The US federal government can drive action all around the entire country, not just state-by-state.