The Shifting World Order

This Columbia Energy Exchange podcast interviews Tom Donilon, chairman of the BlackRock Investment Institute and former National Security Advisor, about escalating global conflicts and their economic implications. The discussion begins with the recent Iran-Israel conflict, analyzing its unprecedented nature and potential for further escalation, highlighting the effectiveness of integrated air defense systems. It then broadens to discuss the evolving geopolitical landscape, characterized by increased fragmentation and great power competition, particularly between the US and China, impacting clean energy supply chains. Finally, the conversation touches on the Russia-Ukraine war, emphasizing the need for continued Western support for Ukraine's defense and the challenges of balancing energy security with climate goals. Donilon's insights offer valuable perspectives on international relations and the interconnectedness of geopolitical risks and energy transitions.