Transatlantic Energy Relations

Recent upheaval in the global energy system – dramatic increases in demand led largely by developing countries, significant decreases in supply as a result of local or regional conflicts, and the growing nexus between the burning of hydrocarbons and climate change – has unsettled long-held notions of energy security. For many years, transatlantic cooperation helped undergird the system’s stability, but Europe and North America have drifted apart in several key ways, potentially undermining the s