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New Atlanticist

Mar 24, 2020

The implications of the coronavirus crisis on the global energy sector and the environment

By Jennifer T. Gordon

The current drop in oil demand—caused, in large part, by severe reductions in travel due to the coronavirus—combined with the Saudi-Russia oil price war has simultaneously, if temporarily, lowered greenhouse gas emissions (GHG). However, the drop in GHG emissions is likely to be unsustainable in the long term, and the currently low cost of oil has raised questions about the future of clean energy deployment and climate action.

Coronavirus Energy & Environment

Global Energy Forum

Jan 9, 2020

European energy diversification: How alternative sources, routes, and clean technologies can bolster energy security and decarbonization

By Richard L. Morningstar, András Simonyi, Olga Khakova, Irina Markina

The European Union’s efforts to achieve a carbon-neutral economy present a unique and timely opportunity to strengthen European energy security. What is the EU currently doing to meet its decarbonization goals, address the role of natural gas in Europe’s low-carbon future, and explain the potential for new gas sources, alternative gas routes, and clean energy technologies to reduce carbon emissions? And how can this be done while simultaneously increasing European energy security and opportunities for transatlantic cooperation?

Energy Markets & Governance Energy Transitions

EnergySource

Jun 27, 2019

The current state of European energy security and transatlantic cooperation

By Becca Hunziker

The Issue: The transatlantic community has made significant progress leveraging global energy resources to increase energy security, thanks to advancements in renewable energy, energy efficiency, shale oil extraction, alternative source and route development, and infrastructure. However, European energy still faces security challenges and it must continue to address them. A united and well-connected Europe is […]

Americas Energy & Environment

Irina Markina is a nonresident senior fellow at the Atlantic Council’s Global Energy Center and the director of impact and sustainability at Ara Partners. Ara Partners is a global private equity firm focused on industrial decarbonization; it targets attractive risk-adjusted returns by investing in buyout and growth assets with significant potential to reduce greenhouse gas (GHG) emissions. Markina oversees the firm’s sustainability strategy and long-term integration of environmental, social, and governance (ESG) issues across Ara Partners’s investment portfolio. Prior to joining the firm, Markina was the corporate sustainability manager at Baker Hughes, one of the world’s largest energy technology companies, where she was instrumental in building out a sustainability team and operationalizing the corporate net-zero strategy and ESG diligence process in mergers-and-acquisitions transactions. Markina’s work on sustainable finance and decarbonization draws on a decade of her regulatory experience. Markina served as the senior energy advisor at the European Union Delegation to the US, where she directed the European Commission’s cooperation on energy and climate policy issues with US government agencies. Prior to joining the EU Delegation in Washington, DC, Markina served at the European Parliament based in Brussels, where she advised lawmakers on the Panel for the Future of Science and Technology and managed legislation on decarbonization.

At the Atlantic Council’s Global Energy Center, Markina has published on transatlantic energy and climate issues. She completed executive education at the Wharton School of the University of Pennsylvania and the Harvard Business School, and she holds a Master of Science degree in public policy from Lund University in Sweden.