Since early July, a global energy crunch has unfolded, driving up prices for all energy fuels around the world, and then causing some power plants and manufacturing facilities to shut down. In turn, that has exacerbated problems across global supply chains, causing major delays and price increases for everything from gasoline to hard goods.<\/p>\n
If you have been wondering why your heating bill is up, or your last tank of gasoline was so expensive, or why your local retailer is telling you that you\u2019ll have to wait months for that new washing machine, this episode will give you at least the beginning of some answers. These are remarkable times in the energy markets, unlike anything that\u2019s happened since the last major commodity spike of 2008.<\/p>\n
And we are very pleased to have an analyst and editor who has been following energy and commodities since well before that last spike as our guide in this episode: Will Kennedy, executive editor for energy and commodities at Bloomberg News. Will leads us through the many, many facets of this complex picture, and then we wrap up the conversation by asking how the world\u2019s energy leaders will respond to it as the COP 26 climate conference gets underway. This developing supply shock may give us a good clue about how the world responds to the challenges of the energy transition in the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"
A global energy crunch is driving up the costs of all energy sources. But will it lead to renewed energy transition efforts, or reneging on climate commitments? <\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[111],"tags":[1014,17,21,65,1013,93,658,377],"class_list":["post-3103","xen_episodes","type-xen_episodes","status-publish","hentry","category-energy-transition-show-podcasts","tag-britain","tag-china","tag-coal","tag-natural-gas","tag-nord-stream-2","tag-nuclear","tag-russia","tag-uk","xen_guests-will-kennedy"],"acf":[],"yoast_head":"\n