Jason Bordoff and Meghan L. O’Sullivan write an in-depth analysis of the intricacies of energy security for Foreign Affairs.
- In the last two years energy insecurity has led to turbulent markets, expensive energy costs, and inflation around the world.
- Lawmakers who are looking to boost energy security face unique challenges including the risk of overreliance on adversaries like China, Russia, and OPEC for energy supplies and the push for a global energy transition.
- The authors suggest that global leaders follow four broad principles to address the issue: diversification, resilience, integration, and transparency.
- The U.S. can bolster energy security for years to come by unleashing domestic production and investing in next-generation innovation.
Read the full article here.