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Paige Fusco

The Graphic Truth: Thirsty for Russian energy

Much of the world has long relied on Russian energy to power their economies. That makes it very hard for them to punish the Kremlin for invading Ukraine by ditching Russia's plentiful oil, natural gas, and coal in the near term. So, who's most dependent on Russian fossil fuels? We look at a select group of OECD economies.

S2 Episode 6: Common prosperity, coal, and competitiveness: The US and China (part II)

Listen: The relationship between the US and China is rapidly evolving. Economic and political decisions made today will impact power dynamics in both the near and long term. We'll examine the Chinese government's plans to shape industries, continue its domestic growth, and deliver on commitments made to reduce greenhouse gas emissions. Plus, we'll explain what those decisions may mean for Chinese and US investors in the near future.

The latest episode of Living Beyond Borders, a special podcast series from GZERO and Citi Private Bank, is the second in a two-part series on the relationship between the US and China. Moderated by Caitlin Dean, Head of the Geostrategy Practice at Eurasia Group, this episode features David Bailin, Chief Investment Officer and Global Head of Investments for Citi Global Wealth, Steven Lo, Co-Head of Citi Global Wealth for Asia Pacific, and Ian Bremmer, President at Eurasia Group and GZERO Media.

Listen to part 1 of this conversation.

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Security personnel stand guard in front of the India Gate amid the heavy smog in New Delhi.

REUTERS/Adnan Abidi

India’s push for climate justice

India, the world's third largest emitter of carbon dioxide, is one of the countries worst affected by climate change. But it takes issue with those now asking it to clean up its act. Why, the Indians ask, should we give up our right to get rich by burning fossil fuels like you developed economies have done for generations?

That's precisely the message that India's energy minister had for the US and other wealthy nations at a recent Zoom summit after they pressured Delhi to set a future deadline for net zero emissions. For India, he explained, such targets are "pie in the sky" aspirations that do little to address the climate crisis the country faces right now.

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