Fatih Birol: Global Energy Under Pressure, Europe's Mistakes and the Age of Electricity

Hi everybody and welcome to In Good Company. I'm Nikola Tanjan, the CEO of the Norwegian Sovereign Wealth Fund, and today we have a tremendous guest, Dr. Fatih Birohl, Executive Director of the International Energy Agency. And wow, what a topical podcast this is going to be. So a big welcome, Fatih.

Thank you very much, Nikolai. Now, you have warned that markets and politicians are still underestimating the consequences of the crisis in the Middle East. What are they getting wrong? You know, uh Nikolai, we are an intergovernmental organization. Uh, we work for the uh governments public institution.

After uh the war has started, uh, since there are many market related uh dynamics, I told my colleagues and myself three weeks We didn't make any public statements with the newspapers, with the journalists, even though we received, as usual, lots of lots of requests, except for I made a statement about the oil release of the IEA. This is another. But I th I saw that the the decision makers, governments in Europe but around the world, didn't understand how big the problem. is and can be not for the energy sector but for the global economy.

We already have this episode, so unlocking it is cheap and permanent: the full transcript (48 minutes, 6,714 words), segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.

No account needed, we create one from your checkout email. With credits it is 1 credit; packs start at 5 episodes for $3.49, and monthly plans are cheaper still.