US energy security to impede its energy transition

The US economy has persistently outperformed its peers for over a century, and as our Spotlight series argues, will continue to do so for the foreseeable future. More recently, the US has also benefited from securing low-cost energy supplies. But these benefits may not last. The very fact that the US is secure in fossil fuel supply will reduce its incentive to accelerate the energy transition, particularly relative to Europe and China.