Amy Myers Jaffe

Energy consultant and leading expert on the geopolitics of oil, energy, security and risk and an influential thought leader on global energy policy and sustainability

1 April

Voluntary emissions reduction:
How the US can stay in Paris Agreement

The U.S. economy is on track to generate roughly 65 percent of greenhouse gas emissions reductions required to meet the 2015 U.S. Paris pledge. Democratic party efforts to launch a legislative package that would force President Trump to submit a plan to Congress to remain in the Paris climate accords is a policy that can gain bipartisan momentum. The launch of a Republican response to the Green New Deal lays the groundwork ...

11 March

New energy technologies are disrupting the power of OPEC

The geopolitical fallout could be monumental. The convergence of automation, artificial intelligence, advanced manufacturing and big data analytics is poised to remake the transportation, electricity and manufacturing sectors in ways that could eliminate oil use. This comes just as the same energy innovations are making it easier and cheaper to extract oil and gas.

1 March

Green Giant: Renewable Energy and Chinese Power

China already dominates the global solar-panel market, but now it is expanding its support for oil-saving technologies, funding the development and production of everything from batteries to electric cars. The goal is not just to reduce China's dependence on foreign oil and gas but also to avoid putting the country at an economic disadvantage relative to the United States, which will see its own growth boosted by its exports of oil and gas to China. China's aims are also strategic. Beijing hopes to make itself an energy exporter to rival the United States, offering other countries the opportunity to reduce their purchases of foreign oil and gas--and cut their carbon emissions in the process.

15 February

Despite rise in U.S. oil production, OPEC still steers global prices

Saudi Arabia announced an oil production cut of 500,000 barrels per day on Tuesday, just weeks after Treasury Secretary Steven Mnuchin said "U.S. friends in the Middle East" would compensate for the drastic decline in Venezuelan oil production driven by U.S. sanctions. Why it matters: Although U.S. production continues to rise, it still accounts for only 11% of global ...

11 February

Green New Deal could support needed upgrades to energy infrastructure

The sweeping ambition of the Green New Deal (GND) has raised questions about how it will be paid for.

But it's important to consider how its potential outlays might intersect with investments that will need to be made anyway to replace aging U.S. energy infrastructure ... The GND could offer a way for policymakers to direct the infrastructure repair and upgrading that already needs to be done in service of fighting climate change.

4 December

Qatar's OPEC exit signals intensifying energy competition beyond oil

Background: As far back as 1992, Qatar and Saudi Arabia sparred over territorial conflicts. Qatar's shift to LNG from oil in the 1990s was motivated by a desire to get out from under the geopolitical shadow of Saudi Arabia while simultaneously diversifying its own economy. Over recent years, Saudi Arabia and other OPEC members have pressured Qatar to maintain the link of its LNG prices to oil.

13 April

Since the First Industrial Revolution, oil and gas have played a pivotal role in economic transformation and mobility.

But now, with the prospects that major economies like the United States, China and European nations will try to shift away from oil, producers are coming to realize that their oil reserves under the ground -- sometimes referred to as "black gold" -- could become less valuable in the future than they are today. Of the four scenarios for the future of the industry ... three of them envisage this type of world.

What happens when demand for oil peaks?

9 May

The Future of Energy. 2016 CFA Institute Annual Conference

Amy Myers Jaffe walks through the breadth of innovation in traditional energy sources and so-called alternative energy technologies. Energy breakthroughs have lowered the costs of alternatives and provide a viable channel for capital investment and government policy to flow. Jaffe expects a wave of climate change related policies to push economies into alternatives going forward.


5 May

Why the World's Appetite for Oil Will Peak Soon

"Conventional wisdom about steadily rising demand is wrong ...The world's economy is experiencing transform- ational changes that will dramatically alter patterns of energy use over the next 20 years. Exponential gains in industrial productivity, software-assisted logistics, urbanization, political turmoil in key regions of the developing world, and large bets on renewable energy are among the factors combining to slow the previous breakneck growth for oil."

August 18

If Peak Oil Arrives, Investors Will Need to Get Smarter

"In 2014 oil was considered one of the safest bets around -- regulation and technology might crimp demand in the industrialised west but as more of the developing world's poor moved into the middle-class, oil demand would remain strong. Fast forward to 2016, and many analysts, including those in strategic planning departments of large oil companies, are starting to warm to the idea of peak oil demand globally, not just in the OECD."

October 19

The market is under-evaluating
this problem with Saudi Arabia.

"We had many things happen simultaneously. There were reports this week that Iran has been able to ship a much higher amount of its crude oil to China, some of it going into strategic storage. That made the market feel circumstances were looser than expected because everyone thought Iranian oil was off the market."

Fox Business Network

May 21

How sabotage and geopolitics add risk to the global oil market.

"You can't take the risk of a policy confrontation or a military confrontation completely off the table ... you have these small acts that can happen unless things de-escalate".