logo
episode-header-image
Jan 2022
31m 16s

Money Talks: The energy weapon

The Economist
About this episode

What happens if Vladimir Putin invades Ukraine again, the West hits Russia with sanctions, and Mr Putin retaliates by shutting down supply of Russian gas? The Economist’s global energy & climate innovation editor Vijay Vaitheeswaran explores how this would rock energy markets from American shale oil to Chinese imports of LNG. What are the lessons from the last time Russia turned off the taps and how could Europe, already facing record prices, wean itself off its dependency?


With Thane Gustafson, professor of energy policy at Georgetown University and author of “Klimat: Russia in the Age of Climate Change”; Amy Myers Jaffe, director of the climate policy lab at Tufts University and author of “Energy’s Digital Future”; and Daniel Yergin, vice president of IHS Markit and author of “The New Map: Energy, Climate, and the Clash of Nations”.


Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at economist.com/moneytalks 

For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer



Hosted on Acast. See acast.com/privacy for more information.

Up next
Dec 2021
Money Talks: 2021 unwrapped
From Ever Given to Evergrande, via empty crisp packets and the metaverse, host Henry Tricks leads a brave band of The Economist’s finest through the tribulations and triumphs of the past year in business, finance and economics. The team unpack the data that made their jaws drop, ... Show More
32m 57s
Dec 2021
Money Talks: Meet the cryptokings
Four men hold the keys to a $2trn market. Our finance correspondent Matthieu Favas speaks to some of the most powerful people in the world of cryptocurrencies—the founders of the most important crypto exchanges—to find out what it takes to stay on top in the most volatile market ... Show More
35m 36s
Dec 2021
Money Talks: The not-so-great resignation
The idea that the pandemic has prompted people to quit their jobs en masse fills corporate earnings calls, headlines and social media. But do the data hold up? Host Patrick Lane investigates what is really going on in the labour market. Will the Biden administration usher in a ne ... Show More
28m 37s
Recommended Episodes
Jan 2022
Money Talks: The energy weapon
What happens if Vladimir Putin invades Ukraine again, the West hits Russia with sanctions, and Mr Putin retaliates by shutting down supply of Russian gas? The Economist’s global energy & climate innovation editor Vijay Vaitheeswaran explores how this would rock energy markets fro ... Show More
31m 16s
Mar 2022
Money Talks: Sanctioning behaviour
In response to Russia’s invasion of Ukraine, the West imposed unprecedented financial sanctions, effectively freezing the reserve assets of Russia. This triggered chaos in Russia's economy and prompted president Vladimir Putin to make nuclear threats, sending shock waves around t ... Show More
38m 22s
Sep 2020
Money Talks: Power in the 21st century
Oil fuelled the 20th century, but now a huge energy shock is catalysing a shift to a new world order. Charlotte Howard, The Economist's energy and commodities editor, and host Rachana Shanbhogue investigate why this oil slump is different. They ask Spencer Dale, BP's chief econom ... Show More
31m 7s
Sep 2022
Money Talks: Running on empty
Europe is facing a catastrophic energy crisis. Prices for the natural gas needed to power many of its electricity plants have increased ten-fold since last summer. Most recently, Russia has choked off gas supplies to the Nord Stream 1 pipeline in retaliation against the G-7’s dec ... Show More
37m 41s
Nov 2022
Babbage at COP27: Part three—the energy crisis
COP27 takes place amid war in Ukraine and an energy crisis. In the third episode of our series covering the summit, we explore how energy-security concerns are affecting efforts to decarbonise. Niklas Höhne of the NewClimate Institute says the energy crisis could deepen Europe’s ... Show More
40m 40s
Nov 2022
Babbage at COP27: Part three—the energy crisis
COP27 takes place amid war in Ukraine and an energy crisis. In the third episode of our series covering the summit, we explore how energy-security concerns are affecting efforts to decarbonise. Niklas Höhne of the NewClimate Institute says the energy crisis could deepen Europe’s ... Show More
40m 40s
Sep 2020
Energy: Daniel Yergin on Energy, Climate, and Geopolitics
This week’s guest is Daniel Yergin, Pulitzer prize winning author and renowned expert in energy, international relations, and economics. We discuss his latest book is The New Map: Energy, Climate, and the Clash of Nations (available now). Topics include: the growing conflict betw ... Show More
47m 1s
Sep 2023
Focus on the climate
Leaders around the world are rolling back climate policies and pledges, purportedly to boost their economies. In Britain, the government has just approved a huge new oil and gas field in the North Sea, one week after Prime Minister Rishi Sunak slow-rolled carbon neutral targets. ... Show More
55m 28s