Geopolitical Risk + Energy Transition + Climate Change = The Trifecta
BLUF Democracy index scores are a useful tool for gauging geopolitical risk associated with doing business in specific countries. Engagement in friend-shoring democracies rather than adversarial autocracies can reduce geopolitical risk. Why does this matter? As energy companies grapple with new geopolitical risks, mitigation strategies can be challenging. Leveraging…
BLUF Friend-shoring countries identified in the National Defense Industrial Strategy (NDIS) are 97% democratic and represent 48% of world democracies, according to the Economist Intelligence Unit’s (EIU) 2023 Democracy Index. The friend-shoring list did not include any authoritarian regimes. Why does this matter? Friend-shoring reduces geopolitical risk for energy…
BLUF Concepts introduced and amplified in the National Defense Industrial Strategy (NDIS) offer helpful frameworks for energy companies to reduce geopolitical risk. Adversarial capital, production diplomacy and friend-shoring each reflect a relevant attribute of the current global geopolitical situation. Why does this matter? The NDIS repeatedly illuminated how and why…
BLUF The importance of the NDIS lies as much in its existence and articulation as it does the content and priorities outlined. By acknowledging the multidimensional problems and envisioning solution sets, the US government transparently signaled to industry, allies, and partners the essential nature of their collaboration. Why does…
