Can America Still Lead the Global Energy Transition?

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• 00:00

  I'm Dan Kurtz-Balen and this is the Foreign Affairs interview.

• 00:05

  This energy transition globally will be the largest capital formation event in human history,

• 00:11

  larger than the Industrial Revolution.

• 00:13

  And I believe that's true,

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  but it's true because we're going to need to build extraordinary amounts of clean energy.

• 00:19

  The United States is grappling with two of the biggest challenges that it's ever faced,

• 00:24

  the rise of China and the threat of catastrophic climate change.

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  At home, the Biden administration has forged a green industrial policy that could transform the U.S.

• 00:33

  economy.

• 00:34

  But as China threatens to dominate the global market for clean energy,

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  it is not enough to invest domestically.

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  Ryan Deese argues in a new Foreign Affairs essay,

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  Deis served as the director of the National Economic Council under Biden.

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  And during the Obama years,

• 00:48

  he helped lead the auto bailout and negotiate the Paris climate agreement.

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  Now he has a plan for the United States to lead the global energy transition on its own terms.

• 01:01

  Brian, thanks so much for joining me today.

• 01:03

  I'm happy to be here.

• 01:04

  So I want to start by jumping right to the essay you have in our new issue.

• 01:07

  It's called The Case for a Clean Energy Marshall Plan.

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