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DOWNLOAD REPORT

For the last several years, just before the holiday break, we have convened a virtual meeting with all our Non-Resident Fellows. It usually takes the form of a celebratory toast channeling our pride in the work of the year. But we also inevitably discuss the key trends and aspects we are thinking about for the coming year. This past December, our discussion centered around elections and debating what we ultimately summarized as a question: a new world order?

We have gathered our thoughts and ponderings focused on key trends and issues facing the energy sector in the next 12 months. This year, we changed our format slightly. Instead of one longer form essay from each contributor, we have organized the outlook into three distinct prompts with individual, shorter responses to each.

Our prompts for our 2024 outlook are:

1. How will the energy sector be impacted by the multitude of elections across the globe?
2. How likely is COP28 and international climate and energy governance to impact domestic policy in Latin America and the Caribbean?
3. Is there a new world order emerging?

Beyond perspectives from our distinguished group of Non-Resident Fellows, we are pleased for our 2024 outlook to include contributions from three second-year UC San Diego School of Global Policy & Strategy graduate students – Anne Charles, Tamara Handfas, and Angela Solanilla — all of whom have been interns and researchers at the IOA over the last year. We also have included a response from ChatGPT in this year’s outlook. Including an AI contribution may be the clearest reflection of how much has changed since our first outlook report in 2021.

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