NYU Professor Dr. Carolyn Kissane on Optimism and Pragmatism in the Energy Transition

In a special edition of Path to Zero, host Tucker Perkins welcomes Dr. Carolyn Kissane, an esteemed authority in energy and climate policy. This episode, recorded at the Reuters Global Energy Transition event in New York City, provided a deep dive into Dr. Kissane’s insights on climate change, energy policy, and the complex interplay of geopolitics and energy. Dr. Kissane, who serves as the Associate Dean of Graduate Programs and Global Affairs at NYU’s Center for Global Affairs and is the founding director of the NYU Energy, Climate Justice, and Sustainability Lab.

Key Takeaways and Insights from Tucker’s interview with Dr. Kissane:

A Balanced View on Climate Change

Dr. Kissane begins by sharing her optimistic yet pragmatic view on climate change. She emphasizes the importance of managing climate change through a diverse portfolio of solutions rather than expecting a single, all-encompassing fix. Dr. Kissane’s optimism is fueled by her work with young people and the significant technological advancements that are shaping the future of energy management.

The Role of Innovation and Collaboration

Tucker and Dr. Kissane discuss the potential for achieving net-zero emissions by 2050. Dr. Kissane, while hopeful, expresses caution about the timeline but acknowledged that substantial progress could be made if efforts are aligned and sustained.

Energy Policy and Geopolitics

Dr. Kissane’s expertise in this area, particularly regarding Russia and China’s roles in the global energy market, provides valuable context. She discusses the Biden administration’s decision to review liquefied natural gas (LNG) projects, noting the political and environmental implications. Dr. Kissane emphasized the need for the U.S. to maintain a competitive edge in LNG production to ensure environmental standards and geopolitical stability.

Challenges and Opportunities in the Energy Sector

The discussion also touched on the challenges faced by Germany in its energy transition, particularly in the context of the Russia-Ukraine conflict and its impact on energy supply and prices. Dr. Kissane pointed out that Germany’s reliance on Russian gas and the political decisions to decommission nuclear power have led to significant economic and industrial challenges.

The Future of Energy Storage and Mineral Dependency

Dr. Kissane and Perkins explore the future of energy storage, particularly in the context of the U.S.’s dependence on Chinese technology for batteries and critical minerals. Dr. Kissane expresses skepticism about the U.S.’s ability to catch up with China in this area but remained hopeful about innovation leading to alternative solutions.

Decarbonizing Hydrocarbons

Highlighting the ongoing role of hydrocarbons in the energy mix, Dr. Kissane discusses the potential for decarbonizing oil and gas production. She underscored the importance of reducing carbon emissions in energy production, noting that U.S. advancements in this area are setting a positive example globally.

A Call for Cooperation and Investment

Dr. Kissane expresses her wish for greater cooperation and less political contention in the global effort to deploy renewable energy technologies. She calls for increased investment and streamlined pathways to facilitate the transition to a cleaner energy future.