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U.S. President Donald Trump arrives to attend the G7 Leaders' Summit at the Rocky Mountain resort town of Kananaskis, Alberta, Canada, June 15, 2025.
The G7: Now G6 + 1?
The G7 is no longer setting the table; it’s struggling to hold the cutlery. Once a pillar of the post-war world order, the group today is splitbetween the US and the rest, casting about for common ground. Before this week’s summit even kicked off in Kananaskis, Canada, host Prime Minister Mark Carney warned there would beno final joint communique. So what’s up for discussion - and what could be achieved?
The official agenda: Trade, defense, and AI
Trade trumps climate change. With US President Donald Trump back on the scene,tariffs are huge, while climate action takes a backseat. Leaders will try to defend existing net-zero goals, update plans to tackle wildfires, and boost clean tech cooperation. But the meetings’first focus is on trade, and striking deals. Countries will seek to defend themselves against Trump’s protectionist policies by both expanding trade with each other and getting Trump to lift tariffs on their countries.
Defense and Industry. Whilethe Iran-Israel war now overshadows existing conflicts in Gaza and Ukraine, support for Kyiv is still on the menu. The tone is shifting, however, to talk of pan-European defense against Russian aggression. Carney, French president Emmanuel Macron, and German Chancellor Friedrich Merz are expected to push fora “defense-industrial pact,” a long-term commitment to arms production and supply chains to “Re-Arm Europe”.
Artificial Intelligence and Misinformation Leaders are lookingat baseline safeguards around algorithmic transparency and deepfake detection, given the worldwide rise in election interference, cybercrime and cyberwarfare. While global AI regulation is unlikely, the G7 may commit to coordinating digital watchdogs and fighting cross-border disinformation campaigns.
The backstory: America alone
All these items are dominated by a larger issue: the widening gap between the US and its allies. Trump’s view of the world order diverges starkly from that of the other members of the group. His thin skin and volatility could also compromise the outcome of the talks, especially if hestorms out like he did at the infamous 2018 Charlevoix summit. Carney’smain tasks include preventing Trump from feeling disrespected, and navigating the divide between G6 goals and US ambitions such as Trump’s takedown of China.
What can this meeting achieve, then?
Expect no joint statement, but lots of bilateral action, with both Trump and other world leaders. On Sunday, for example, Carney and UK Prime Minister Keir Starmer announced a strengthened partnership on a range of issues including trade and defense. Carney has also invited a slew of non-G7 leaders, including Indian Prime Minister Narendra Modi, arguing thatthey are key to solving major questions such as energy security and AI. Ukrainian President Volodymyr Zelensky will also be present, as willthe leaders of Australia, Brazil, Indonesia, Mexico, South Korea and South Africa. In the end, the biggest achievement may simply be keeping the group alive to meet another day.Can we keep energy affordable, safe, and secure?
Listen: Energy transition is a big idea with big implications for daily life. But what does it actually look like in practice? In this episode of Energized: The Future of Energy, host JJ Ramberg and Enbridge CEO Greg Ebel talk to the Honourable Lisa Raitt, Vice Chair of Global Investment Banking for CIBC Capital Markets and former member of the Canadian parliament. During her time in government, Lisa served as Minister of Natural Resources, Minister of Labour, and Minister of Transport. Lisa talks about the tangible steps that need to be taken to move us down the road to energy transition, as well as how businesses and governments can work together to create a more sustainable, more affordable energy future.
Catch up on other episodes of Energized: The Future of Energy below — or listen on Apple, Spotify, Goodpods, or wherever you get your podcasts.
- Pulitzer Prize-winning author Daniel Yergin on energy security in a changing world ›
- Introducing “Energized: The Future of Energy”, a new podcast series ›
- From AI to Food Recycling: Innovations transforming the Energy Sector - GZERO Media ›
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Pulitzer Prize-winning author Daniel Yergin on energy security in a changing world
Listen: Whoever controls the energy controls the power. But what happens when the resources needed to create that energy change? In this episode of "Energized: The Future of Energy”, host JJ Ramberg and Enbridge CEO Greg Ebel talk to Daniel Yergin, Vice Chairman of S&P Global and author of The New Map: Energy, Climate & the Clash of Nations. They discuss the relationship between energy and geopolitics, how changes in energy resources impact the relationships between global superpowers, and the most effective ways to bring along developing nations as we move further down the path to energy transition.
“Energized: The Future of Energy” is a new five-part podcast series from GZERO Media's Blue Circle Studios and Enbridge, exploring the biggest ideas about the current energy transition and how it will impact geopolitics, the economy, and your bottom line.
Catch up on other episodes of Energized: The Future of Energy below — or listen on Apple, Spotify, Goodpods, or wherever you get your podcasts.
- Introducing “Energized: The Future of Energy”, a new podcast series ›
- Energized: The Future of Energy - GZERO Media ›
- Can we keep energy affordable, safe, and secure? - GZERO Media ›
- From AI to Food Recycling: Innovations transforming the Energy Sector - GZERO Media ›
- Partnering for the future: Indigenous communities and energy transition - GZERO Media ›
- What role does natural gas play in a clean energy transition? - GZERO Media ›
- International markets and global energy transitions - GZERO Media ›
Listen to “Energized: The Future of Energy”, a new podcast series
In our rapidly changing world, the critical role of energy is constantly evolving. Global energy investment continues to rise, with investment in low carbon fuels and renewables growing rapidly. Competing needs like affordability, energy security, and cleaner, more sustainable options make it hard to know what the future of energy will look like in the short or long term.
That’s why we’re diving into the biggest ideas about the current energy transition to learn where we’re going, and how it will impact geopolitics, the economy, and your bottom line. We’ll explore all those topics on “Energized: The Future of Energy”, a new five-part podcast series from GZERO Media's Blue Circle Studios and Enbridge premiering on Thursday, September 5th.
On each episode, host JJ Ramberg will be joined by Enbridge CEO Greg Ebel along with some of the top experts in the industry, including Pulitzer prize-winning author Daniel Yergin, former Canadian Member of Parliament Lisa Raitt, and former Ohio Congressman Tim Ryan. We’ll also talk about how technology is changing the game, and the diverse partners and Indigenous communities that are shaping the future of energy. This series is a must-listen for anyone interested in the next phase of the energy transition.
Catch up on episodes of Energized: The Future of Energy below — or listen on Apple, Spotify, Goodpods, or wherever you get your podcasts.
- Pulitzer Prize-winning author Daniel Yergin on energy security in a changing world - GZERO Media ›
- Can we keep energy affordable, safe, and secure? - GZERO Media ›
- From AI to Food Recycling: Innovations transforming the Energy Sector - GZERO Media ›
- Partnering for the future: Indigenous communities and energy transition - GZERO Media ›
- What role does natural gas play in a clean energy transition? - GZERO Media ›
Episode 5: Energy transition today
Listen: "It actually all comes down to one thing and that's money," says Raad Alkadiri, Managing Director of Energy, Climate and Resources at Eurasia Group. "Will there be the money for investment in renewables, in energy efficiency made available? And I'm not just talking about the industrialized world, I'm talking about globally."
In the latest episode of Living Beyond Borders, a podcast produced in partnership between GZERO and Citi Global Wealth Investments, Alkadiri is joined by Malcolm Spittler, Global Investment Strategist and Senior US Economist at Citi Global Wealth Investments, to look at where the energy transition to renewable fuels stands globally, after setbacks from the pandemic and geopolitical instability.
They discuss the increasing need for energy security being a big driver for renewable energy in regions like Europe, how the war in Ukraine is still affecting energy markets, and what kinds of investments need to happen in technology and infrastructure to realize more sustainable and cleaner energy globally.
Malcolm Spittler
Global Investment Strategist & Senior US Economist, Citi Global Wealth Investments
Raad Alkadiri
Managing Director of Energy, Climate and Resources, Eurasia Group
Shari Friedman
Managing Director of Climate and Sustainability, Eurasia Group
- Episode 7: Future-proofing: How we fix broken supply chains ›
- Episode 9: US/China power struggle, the global political balance, and your finances ›
- Episode 1: Should I STILL be worried? ›
- S3 Episode 9: US/China power struggle, the global political balance, and your finances - GZERO Media ›
- Episode 6: Can the US and China find common ground? - GZERO Media ›
- Episode 7: How AI is changing our economy - GZERO Media ›