# Columbia Energy Exchange: Will Putin’s Energy Strategy Backfire?

- Show: [Catalyst](https://hardwarepodcasts.com/podcast/catalyst)
- Published: 2022-09-22
- Length: 54m
- Page: https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire

## Summary

Dr. Dan Yergin, Vice Chairman of S&P Global and author of 'The New Map', discusses the geopolitical and economic fallout of Russia's invasion of Ukraine on global energy markets. He explains how Putin's strategy of weaponizing gas has backfired by accelerating Europe's shift to LNG and isolating Russia from Western technology, while simultaneously highlighting the looming supply gap for critical minerals like copper needed for the clean energy transition. Yergin argues that the crisis has ended the era of globalization, forcing a shift toward industrial policy, reshoring, and diversified supply chains to ensure energy security.

## Chapters

- [0:00](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=0) Introduction: Shell Sponsor Read and Dan Yergin Context
- [1:23](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=83) The Nature of the Current Energy Crisis
- [5:16](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=316) Putin's Miscalculations and Strategy in Europe
- [14:01](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=841) European Energy Markets and US LNG Dominance
- [19:50](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=1190) Policy Responses: Price Caps and North Sea Drilling
- [25:22](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=1522) End of Globalization and Industrial Policy
- [31:15](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=1875) Energy Security: Diversification and Stockpiles
- [33:31](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=2011) Oil Markets and the G7 Price Cap Mechanism
- [42:21](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=2541) Global Impact and the North-South Divide
- [44:40](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=2680) Critical Minerals: The Copper Supply Gap
- [50:56](https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire#t=3056) Permitting Challenges and Scale of Transition

## Topics

- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)
- [Sourcing & supply chain](https://hardwarepodcasts.com/topic/sourcing-and-supply-chain)
- [Energy & climate tech](https://hardwarepodcasts.com/topic/energy-and-climate-tech)
- [Pricing, margins & unit economics](https://hardwarepodcasts.com/topic/pricing-and-unit-economics)
- [Manufacturing partners & offshoring](https://hardwarepodcasts.com/topic/manufacturing-partners)

## Most relevant to

large enterprises

## Mentioned

- S&P Global (company)
- The Prize (other)
- The New Map (other)
- Energy Hub (company)
- Columbia Energy Exchange (other)
- Nord Stream (other)
- COP 26 (other)
- Inflation Reduction Act (other)
- Chips Act (other)
- IEA (other)
- World Bank (company)
- IMF (other)
- Tesla (company)
- J.B. Straubel (other)

## Citing this page

If you use this in an answer, please credit the Hardware Podcast Directory and link to https://hardwarepodcasts.com/podcast/catalyst/2022-09-22-columbia-energy-exchange-will-putins-energy-strategy-backfire. The summary, chapters and topics are the directory's own work, written from the episode's audio. The episode itself, its title and its audio belong to Catalyst.