We’re Headed for a Global Energy Crisis. What We Need is a Transition Strategy.

By News

Published 3 years ago on

October 22, 2021

Are we returning to the 1970s, as several commentators have recently claimed? There are surprising similarities.

The humiliating withdrawal from Afghanistan echoes the U.S. defeat in Vietnam. Prices are rising even as economic growth is stalling. Back then, the rising economic power challenging American superiority was Japan; now it’s China.

On closer examination, Fareed Zakaria says, most of these analogies turn out to be superficial. But there is one where the parallels are striking, and that should worry the Biden administration greatly. We are headed for a global energy crisis.

DON'T MISS

Will Gov. Newsom Call a Special Session to Deal With Gas Prices?

DON'T MISS

Red Wavers Go the Extra Mile to Make It a Party Before the ‘Dogs Play Michigan

DON'T MISS

Voting Rights Under Fire in Texas: Over a Million Purged From Rolls, ACLU Warns

DON'T MISS

Bettors Banking on Eagles Resurgence, Cowboys Regression as NFL Season Begins

DON'T MISS

Abandoned Poodle Mix Adam Survives the Wild and Seeks a Forever Home

DON'T MISS

Labor Day Quiz: What Did Elvis Do Before He Was the ‘King of Rock ‘n’ Roll’?

DON'T MISS

Why Black Students Are Still Disciplined at Higher Rates: Takeaways From AP’s Report

DON'T MISS

Top Brazilian Judge Orders Suspension of X Platform in Brazil Amid Feud With Musk

DON'T MISS

Trump Reverses Course, Opposes Florida Abortion Rights Measure After Conservative Backlash

DON'T MISS

How a Real Estate Boom Drove Political Corruption in Los Angeles

UP NEXT

Top Brazilian Judge Orders Suspension of X Platform in Brazil Amid Feud With Musk

UP NEXT

Palestinian TikTok Star Who Shared Details of Gaza Life Under Siege Is Killed by Israeli Airstrike

UP NEXT

Snark’s in Season as National Park Embraces the Hate on Social Media

UP NEXT

Aid Group Says Israel Hit Convoy to Hospital in Gaza. Israel Says It Hit Gunmen Who Seized the Car

UP NEXT

One of the F-16s Helping Ukraine Fight Russia Has Crashed. Here’s What to Know About Their Role

UP NEXT

California’s Fast Food Workers Got a $20 Minimum Wage, but Is It Working? It’s Debatable

UP NEXT

Israel’s Hostage Rescue Highlights Challenge of Hamas Tunnels in Gaza

UP NEXT

JD Vance: A Millennial in Age, but Not in Spirit

UP NEXT

UN Secures Humanitarian Pauses With Israel for Polio Vaccinations in Gaza Amid Ongoing Conflict

UP NEXT

Baby in Gaza Has Strain of Polio Linked to Mistakes in Eradication Campaign, Experts Say

Bettors Banking on Eagles Resurgence, Cowboys Regression as NFL Season Begins

Sports /

11 hours ago

Abandoned Poodle Mix Adam Survives the Wild and Seeks a Forever Home

Animals /

13 hours ago

Labor Day Quiz: What Did Elvis Do Before He Was the ‘King of Rock ‘n’ Roll’?

Personalities /

13 hours ago

Why Black Students Are Still Disciplined at Higher Rates: Takeaways From AP’s Report

Education /

14 hours ago

Top Brazilian Judge Orders Suspension of X Platform in Brazil Amid Feud With Musk

Politics /

1 day ago

Trump Reverses Course, Opposes Florida Abortion Rights Measure After Conservative Backlash

National Elections /

1 day ago

How a Real Estate Boom Drove Political Corruption in Los Angeles

Crime /

1 day ago

Big Red Church Hosts Forum on Palestine on Saturday Night

Global Conflicts /

1 day ago

Palestinian TikTok Star Who Shared Details of Gaza Life Under Siege Is Killed by Israeli Airstrike

World /

1 day ago

Valley PBS Taps Mollison to Be New President/CEO

Entertainment /

1 day ago

Will Gov. Newsom Call a Special Session to Deal With Gas Prices?

With Saturday’s deadline looming to pass the last flurry of bills before adjourning, legislators can see the finish line. But they might hav...

Economy /

35 mins ago

Will Gov. Newsom Call a Special Session to Deal With Gas Prices?

Fresno State Sports /

1 hour ago

Red Wavers Go the Extra Mile to Make It a Party Before the ‘Dogs Play Michigan

National Elections /

8 hours ago

Voting Rights Under Fire in Texas: Over a Million Purged From Rolls, ACLU Warns

Sports /

11 hours ago

Bettors Banking on Eagles Resurgence, Cowboys Regression as NFL Season Begins

Animals /

13 hours ago

Abandoned Poodle Mix Adam Survives the Wild and Seeks a Forever Home

Personalities /

13 hours ago

Labor Day Quiz: What Did Elvis Do Before He Was the ‘King of Rock ‘n’ Roll’?

Education /

14 hours ago

Why Black Students Are Still Disciplined at Higher Rates: Takeaways From AP’s Report

Politics /

1 day ago

Top Brazilian Judge Orders Suspension of X Platform in Brazil Amid Feud With Musk

MORE LATEST →

Local Education /

1 day ago

Farber Campus Opening: ‘Where Students’ Dreams Can Flourish and Not Wither’

Latest /

2 days ago

Hot Mess in North Fresno After Trash Truck Dumps Burning Load

Around Town /

3 days ago

Fresno’s Leo Politi Library Will Quadruple in Size. Learn How the Plan Came Together.

Housing /

3 days ago

Wired Wednesday: Homebuyer Assistance Bill Offers $150K For Undocumented Immigrants

Around Town /

5 days ago

Red Wavers Go the Extra Mile to Make It a Party Before the ‘Dogs Play Michigan

Voting Rights Under Fire in Texas: Over a Million Purged From Rolls, ACLU Warns

Top Brazilian Judge Orders Suspension of X Platform in Brazil Amid Feud With Musk

Trump Reverses Course, Opposes Florida Abortion Rights Measure After Conservative Backlash

Valley PBS Taps Mollison to Be New President/CEO

Visalia Rawhide and City Agree on Terms to Upgrade Stadium

Millions of Californians Have Medical Debt. It Wouldn’t Hurt Your Credit Under Proposed Rules.

Trump Film ‘The Apprentice’ Finds Distributor and Will Open Before the Election

Sherrone Moore Starts New Era as No. 9 Michigan Hosts Upset-Minded Fresno State

NHL Player Johnny Gaudreau and Brother Killed When Bicycles Hit by Car on Eve of Sister’s Wedding

Share

RELATED TOPICS:

DON'T MISS

Will Gov. Newsom Call a Special Session to Deal With Gas Prices?

DON'T MISS

Red Wavers Go the Extra Mile to Make It a Party Before the ‘Dogs Play Michigan

DON'T MISS

Voting Rights Under Fire in Texas: Over a Million Purged From Rolls, ACLU Warns

DON'T MISS

Bettors Banking on Eagles Resurgence, Cowboys Regression as NFL Season Begins

DON'T MISS

Abandoned Poodle Mix Adam Survives the Wild and Seeks a Forever Home

DON'T MISS

Labor Day Quiz: What Did Elvis Do Before He Was the ‘King of Rock ‘n’ Roll’?

DON'T MISS

Why Black Students Are Still Disciplined at Higher Rates: Takeaways From AP’s Report

DON'T MISS

Top Brazilian Judge Orders Suspension of X Platform in Brazil Amid Feud With Musk

DON'T MISS

Trump Reverses Course, Opposes Florida Abortion Rights Measure After Conservative Backlash

DON'T MISS

How a Real Estate Boom Drove Political Corruption in Los Angeles

UP NEXT

Top Brazilian Judge Orders Suspension of X Platform in Brazil Amid Feud With Musk

UP NEXT

Palestinian TikTok Star Who Shared Details of Gaza Life Under Siege Is Killed by Israeli Airstrike

UP NEXT

Snark’s in Season as National Park Embraces the Hate on Social Media

UP NEXT

Aid Group Says Israel Hit Convoy to Hospital in Gaza. Israel Says It Hit Gunmen Who Seized the Car

UP NEXT

One of the F-16s Helping Ukraine Fight Russia Has Crashed. Here’s What to Know About Their Role

UP NEXT

California’s Fast Food Workers Got a $20 Minimum Wage, but Is It Working? It’s Debatable

UP NEXT

Israel’s Hostage Rescue Highlights Challenge of Hamas Tunnels in Gaza

UP NEXT

JD Vance: A Millennial in Age, but Not in Spirit

UP NEXT

UN Secures Humanitarian Pauses With Israel for Polio Vaccinations in Gaza Amid Ongoing Conflict

UP NEXT

Baby in Gaza Has Strain of Polio Linked to Mistakes in Eradication Campaign, Experts Say

Bettors Banking on Eagles Resurgence, Cowboys Regression as NFL Season Begins

11 hours ago

Abandoned Poodle Mix Adam Survives the Wild and Seeks a Forever Home

13 hours ago

Labor Day Quiz: What Did Elvis Do Before He Was the ‘King of Rock ‘n’ Roll’?

13 hours ago

Why Black Students Are Still Disciplined at Higher Rates: Takeaways From AP’s Report

14 hours ago

Top Brazilian Judge Orders Suspension of X Platform in Brazil Amid Feud With Musk

1 day ago

Trump Reverses Course, Opposes Florida Abortion Rights Measure After Conservative Backlash

1 day ago

How a Real Estate Boom Drove Political Corruption in Los Angeles

1 day ago

Big Red Church Hosts Forum on Palestine on Saturday Night

1 day ago

Palestinian TikTok Star Who Shared Details of Gaza Life Under Siege Is Killed by Israeli Airstrike

1 day ago

Valley PBS Taps Mollison to Be New President/CEO

1 day ago

35 mins ago

Categories

Will Gov. Newsom Call a Special Session to Deal With Gas Prices?

Red Wavers Go the Extra Mile to Make It a Party Before the ‘Dogs Play Michigan

Voting Rights Under Fire in Texas: Over a Million Purged From Rolls, ACLU Warns

Bettors Banking on Eagles Resurgence, Cowboys Regression as NFL Season Begins

Abandoned Poodle Mix Adam Survives the Wild and Seeks a Forever Home

Labor Day Quiz: What Did Elvis Do Before He Was the ‘King of Rock ‘n’ Roll’?