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Systems thinking approach points to weaknesses in key indicators for global energy innovation

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Listen: Systems thinking approach points to weaknesses in key indicators for global energy innovation

  • Featuring
  • Jasmin Melvin
  • Commodity
  • Energy Energy Transition Natural Gas Oil Climate Risk & Resilience
  • Length
  • 17:48
  • Topic
  • Energy Transition Environment and Sustainability Industry Views US Policy

Countries around the world committed to keeping the goal of limiting global temperature rise to 1.5 degrees Celsius at the last United Nations Climate Change Conference in Glasgow, Scotland. But when looking at the world's aggregate performance across key indicators of clean energy innovation, a new report from the Information Technology and Innovation Foundation found "a global lack of urgency." And without an immediate surge in effort by countries working with the private sector, the report suggests chances for mitigating the worst impacts of climate change will slip away.

Senior editor Jasmin Melvin spoke with the report's author, ITIF senior policy analyst Hoyu Chong, about her work analyzing the health of the global clean energy innovation system and what it means for the global fight against climate change.

Stick around after the interview for Chris van Moessner with the Market Minute, a look at near-term oil market drivers.

This Capitol Crude podcast was produced by Jasmin Melvin in Washington and Jennifer Pedrick in Houston.

Related content:

Climate progress risks being scuttled by severe gaps in global clean energy innovation

Top US officials share worries around climate progress, inflation but remain hopeful

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