**[Book Review] Trump 2.0 and the Great Energy Transition**
Since Donald Trump became the U.S. President, he has dominated the news, shaking up the global order. His primary focus seems to be the mantra “of the America, by the America, for the America,” with energy being a fundamental aspect. On his inauguration day, Trump declared a “national energy emergency.” He aimed to boost production of the abundant oil and natural gas in the U.S. to lower energy prices and restore the country’s status as a manufacturing powerhouse.
The key to Trump’s second-term energy policy is not simply pursuing cheap oil and natural gas but finding a balance that allows the U.S. to maintain leadership in the global market. Henry Kissinger, the German-born former U.S. Secretary of State, famously remarked, “America has no permanent enemies, only interests.” This statement eloquently captures the essence of Trump’s approach to governance.
As we enter another Trump era, what direction should South Korea’s energy policy take? A new book offering guidance has been published. “Trump 2.0 and the Great Energy Transition” outlines the future pathway for Korea’s energy strategy. The author, Yoo Seung-hoon, a professor at Seoul National University of Science and Technology’s Future Energy Convergence Department, emphasizes that energy is crucial for survival. He advocates for a strategic triad of “energy security, carbon neutrality, and growth.”
Energy security, given South Korea’s staggering energy import dependency rate of 93.6%, is a value that must be upheld. The book also addresses the rise of carbon neutrality as a crucial issue in the wake of the Paris Agreement and post-2020 pandemic conditions. It argues for a pragmatic and feasible scenario for energy transition, aligning with global trends.
The book views the onset of Trump’s term in 2025 as a challenge that presents an opportunity for growth. It suggests that amid global uncertainty and fatigue over Trump, South Korea should seize the chance to shift from a “Fast Follower” in a high-carbon era to a “First Mover” in a low-carbon age.
Co-authored by Yoo and energy industry journalist Lee Jae-ho, the book delves into global energy issues and proposes strategies for Korea’s future. By focusing on specific examples and utilizing graphs and charts, it makes the complex content accessible and engaging.
**Trump 2.0 and the Great Energy Transition**, Seoktap Publishing, 20,000 KRW