Global climate change is undoubtedly one of the greatest challenges we face in the 21st century. Achieving global carbon neutrality, or “net zero,” will require a major energy transition – one that’s far easier said than done. What inventive new technologies will be needed to facilitate energy transition? Today, we’re learning how global institutions can help to enable urgent, climate-focused adaptations – sooner, rather than later.
In this episode, we chat with Dr. Ed Morse, Citi’s Global Head of Commodity Research, and Amy Jaffe, Managing Director of the Climate Policy Lab at Tufts University, to learn about the intersection of climate science, policy, and finance, and how those guiding the energy transition are designing systems that put wellbeing first, for people and the planet.
Related Report: Citi GPS: Energy Transition - Gaining Momentum on the Path to Net Zero
The views expressed herein are those of the speakers and do not necessarily reflect the views of Citigroup Global Markets Inc. or its affiliates. All opinions are subject to change without notice. Neither the information provided nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. The expressions of opinion are not intended to be a forecast of future events or a guarantee of future results.
Citibank N.A. and Amy Jaffe are not affiliated and are independent to each other. The speakers views are their own and may not necessarily reflect the views of Citi or any of its affiliates.
Amy Myers Jaffe is a leading expert on the geopolitics of oil and gas and energy security and is an influential thought leader on global energy policy and sustainability. Jaffe is managing director of the Climate Policy Lab and research professor at Tufts University Fletcher School of Law and Diplomacy. Previously, she was director of the program on energy Security and Climate Change for the Council on Foreign Relations, and served as chair of the Future of Oil & Gas at the World Economic Forum.
A frequent keynote speaker at major energy industry and investment conferences and board of directors meetings, Jaffe is a widely quoted commentator on energy and the environment in international media who has provided testimony on Capital Hill. Jaffe appears regularly on a variety of television and print media, including CNN, PBS New Hour, FOX, Al-Jazeera TV, MSNBC, National Public Radio, the Wall Street Journal and the Financial Times of London. Her writings have been featured by the New York Times, Dow Jones International, and Petroleum Intelligence Weekly. She has a regular blog at the Houston Chronicle and is a contributor on energy and climate change to the Wall Street Journal's blog The Experts.
Jaffe is a member of the National Petroleum Council and serves as an advisory board member of GE Ecoimagination and as a technical committee member on shale gas for the Union of Concerned Scientists. A contributor to Foreign Policy magazine's "21 Solutions to Save the World" and recipient of the Award for Excellence in Energy Writing by the International Association for Energy Economics, Jaffe was named to Esquire's annual 100 Best and Brightest and Elle Magazine's Women for the Environment.
Ed Morse is Managing Director and Global Head of Commodities Research at Citi, and held similar positions at Lehman Brothers and Credit Suisse. He has taught at Princeton, Columbia and Johns Hopkins universities, worked as the Council on Foreign Relations, served as Deputy Assistant Secretary of State for Energy Policy, and in management at Phillips Petroleum. A co-founder of PFC Energy, a former publisher of "Petroleum Intelligence Weekly", he also worked at Hess Energy Trading Company. Among his consulting experiences has been designing Yemen's oil pricing policy and consulting for the UN Security Council on the design and negotiation of the Oil-for-Food Program for Iraq. Morse frequently writes guest editorials for The Financial Times, New York Times, Wall Street Journal and Washington Post and often is a commentator for Bloomberg TV and CNBC. He serves on advisory boards at Columbia and Princeton Universities and the business school at the University of Colorado. He is a Senior Fellow of both the USAEE and the IEEJ and in 2018 was named by Petroleum Economist in its inaugural “Global Energy Elite” issue as among the ten most prominent individuals in energy banking and finance.
