“Globalization’s New Twist…” 4.16.24 #UMAsia24

21st Annual Central & Southwest Asia Conference

at the University of Montana

Tuesday April 16, 2024

Before, During and After Event

Beacons of Missoula

Textile of India

Bridge Across Missoula River

The Consul General Presents

Textile from India

Walk Across River from U. Montana

Snow Morning After

Night Before

Globalization’s New Twist: An Energy Revolution and a Pandemic Reset the Stage

In the United States, two shale booms happened—one in gas and then oil. They were feats of technology, entrepreneurial grit and necessity, with Texas an epicenter. Infrastructure networks shapeshifted and grew to accommodate the hydrocarbon supply growth.

Global energy rivalries emerged. And now, the U.S. is a major global energy exporter, offering more choice in energy sourcing.

As globalization marched on, green ambitions morphed into a global decarbonization drive. Then, a once-in-a-lifetime pandemic covered the globe.

Reindustrialization Texas-Style

In the Texas Triangle, a circular economy play emerges

Now, modernization and innovation and their requirements are pushing growth differently. In the Texas Triangle, from Austin/San Antonio to Dallas/Fort Worth to Houston—a high-growth area of many years, a model development of reindustrialization highlights how the next decades of globalization may look. It’s creative destruction, environmental and corporate stewardship, and circular economy mixed together. Thoughtful resource allocation is key.