Global Crisis Presentation War in Ukraine Policy Analysis - Energy Independence of the West - European Reliance on Russian Oil - The ongoing power of various petrol states - How Climate Change initiatives undermine short-term strategic initiatives - Natural Resource Vulnerability of Non-Nuclear, Developing Nations - Game Theory - Gloabalist Issues concerning Conventional Proxy Wars - Energy Independence - Petrol states (Saudis, Russia, Venezuela, etc.) - Western reliance on authoritarian regime energy production creates bad incentive structures that lead said states to create potential f Bad Incentive - EU Presidents/Chairperson - President of Germany - GAZPROM Background (situation) - How Developed nations exploit the natural resources of developing nations - Western nations tend to utilize financial power to forego domestic extraction - these have created bad incentive structures that can and have lead to geopolitical crisis Implications - By buying into the resources that make authoritarian states powerful, the west undermines its own security and props up belligerent nations? - War - Europe: climate initiatives (putting money into authoritarian regimes) - Give the power to destabilize the global economy with price hikes - Threatening to freeze out Europe this winter - How is energy held in Russia? - Oligarchs - EU leader - Oil Corps (GAZPROM, etc.) What do we do? - maintain initiative in ukraine, the west needs to prove to such nations that we will no longer tolerate the bad actions that result from toxic incentives - alliance building - energy argument - funding oil producing regions - creates jobs - nuclear energy - security - America’s strategic reserves - European vulnerability - Western consumption of energy, how much money spent on energy imports - undermine bad incentives, motivate authoritarian nations to pursue new energy ecosystem conclusion - summary