11. Effective US Energy Policy Could Strengthen International Security
- Author:
- Brigham McCown
- Publication Date:
- 03-2024
- Content Type:
- Special Report
- Institution:
- Hudson Institute
- Abstract:
- America faces significant geopolitical risk across multiple theaters of operation. With the post–Cold War peace dividend depleted, today’s multipolar political alignment reflects an instability not seen in nearly 100 years. Russia, Iran, and China are directly challenging the American-led world order. Their goal is clear, and the United States cannot allow them to prevail. While Russia’s disregard for the rule of law and internationally established boundaries preoccupies the near term, an emerging great power competition between the West and China looms over Washington’s mid- to long-term foreign policy priorities. Additionally, Iran’s malign influence has led to a resurgence of violence and instability in the Middle East. Closer to home, socialist and anti-democratic governments in the Western Hemisphere are again wooing voters with the failed and discredited policies of yesteryear. As a new geopolitical status quo emerges, the United States will need a secure source of energy. Energy security can be defined as a country’s ability to ensure the uninterrupted availability of reliable and affordable energy sources. It encompasses the stable supply of energy resources, the resilience of energy infrastructure, and a country’s ability to meet its current and future energy demands while also dealing with emergencies, natural disasters, and geopolitical tensions that could disrupt supply. A responsible energy mix promotes national and economic security while providing a realistic pathway to reduce greenhouse gas emissions. This will include hydrocarbons, renewables, nuclear, and lower-emitting energy sources such as geothermal, hydroelectric, and biofuels. However, the glue that binds any stable energy transition is a key bridge fuel: natural gas. Liquified natural gas (LNG) is critical to meet global energy demand and reduce emissions while promoting American energy security and economic stability worldwide. Yet, the Biden administration recently announced plans to restrict US natural gas exports, directly affecting America’s key allies. In this environment, lawmakers should reflect upon their previous missteps before implementing energy policies that will make the regulatory environment more unstable and unpredictable. Lessons from the Past and Present During World War II, President Franklin Delano Roosevelt’s drive to build an arsenal of democracy required American energy resources. The US supplied 85 percent of the oil and gas the Allies used,1 including 90 percent of aviation fuel by 1944.2 Ever since then, energy security has been necessary for creating and maintaining peace. Recent events have brought the relationship between energy, economics, and national security back into acute focus. Last year marked the fiftieth anniversary of the Arab Oil Embargo, a reminder of the shortsighted energy policies that gave away America’s energy independence and made the US reliant on Middle Eastern oil for decades. The anniversary coincided with Europe’s struggle to sustain itself following the removal of Russian oil and gas from the market.3 That struggle is not over,4 and the collapse of certain European industrial sectors is ongoing as the continent’s energy prices remain elevated (see figure 1). Drawing on these lessons from history and recent events, below are four principles to guide the future of American energy policy.
- Topic:
- Energy Policy, National Security, International Security, and Natural Gas
- Political Geography:
- North America and United States of America