The Global Energy Crisis Is Redrawing Geopolitical Maps
The global energy crisis is redrawing geopolitical maps.
Some experts are saying that the global south is increasingly gaining influence in geopolitics on the world stage as climate change is rewriting the rules of trade and consumption.
While the lesson to be learned from the European energy crisis should be to diversify, diversify, diversify both trade partners and forms of energy,n the global north is instead opting to narrow their trading options even further.
Related Knowledge Center: Energy security and pricing
The United States achieved net energy independence in 2020, but that has not insulated the nation from the roiling of energy markets in the wake of the Russian invasion of Ukraine. Europe has been a large consumer of Russian natural gas, and the effort to wean itself, with the help of the United States, has strained markets and endangered global efforts to address the climate crisis.