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What does it take to ensure a green-energy future?

Mustafa Alrawi
07 Nov 2022 00:00:00 | Update: 07 Nov 2022 00:48:29
What does it take to ensure a green-energy future?

This week at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec), Amos Hochstein, the US special envoy and presidential co-ordinator for international energy affairs, offered a vision of a future global energy system that was inclusive and equitable.

Mr Hochstein spoke to me about how energy diplomacy can be a tool for strengthening international relations and avoiding conflict.

The energy transition with the shift away from a reliance on oil and gas to support action on global warming is an opportunity to reset how we produce, buy and sell resources and commodities.

The point is to ensure that there cannot be an overdependence on one country or one region, he said.

“What's happening today for renewables is not the thing about just money. But, if I think about batteries, and solar and wind, I think ‘Okay, where is all that coming from? Who owns it? Who makes it? How is it made?’,” said Mr Hochstein.

“A battery has things in it – it has cobalt and copper and graphite, and nickel. Where that coming from? Is it diversified? The answer's no. It's not diversified. So we need to get together and start thinking about who is mining all that stuff? Are they mining cleanly? Do we want a world that has clean energy that comes from dirty sources? Do I want the cobalt to be mined in a dirty mine then goes to a processing facility that's using coal? What's the point? So we need to have all of these things done around the world, not just in one place, in the US, in Australia, in Europe, in Africa, wherever, all over the world, a diversified system so that the renewable energy future, the green energy future is not the same as a 20th century oil and gas business. Take away the geopolitics of this. Let us be developed everywhere. Let competition be about who can do it the cleanest, healthiest, and most cost efficient way.”

The Democratic Republic of Congo has by far the most cobalt reserves. Indonesia is the largest producer of nickel. Chile is the world’s copper powerhouse and although China makes the most graphite, Turkey holds the largest amount of it. The number of countries involved in supply chains illustrate obstacles to creating a more equitable global energy system. Too many nations will need to buy-in to make it work.

That is mammoth scale diplomacy and given the state of permacrisis we seem to find ourselves in, there will be little bandwidth available to work on it. Mr Hochstein has devoted much of his career to turning energy discourse into something productive and positive.

“More often than not, people think of energy as tools of war tools of conflict, or not even that extreme, but tools of coercion, leverage, ‘if I sell to you, I own you’,” he told me.

“And that has been the case in Europe, in Asia, South China Sea and in the Middle East. So turning the tables is what I've been really trying to do for 10 years, 11 years now of working to see how do we do it the other way around. If it could be a tool of coercion, why can it not be a tool of co-operation? Because at the end of the day, if you can use it to integrate countries and economies, then you have something to lose, then when it goes away … going to conflict now has a cost,” he said.

The National

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