Energy

India aims to become a leading producer of green hydrogen by the next decade as part of its broader industrial and decarbonization strategies. This brief provides an overview of India's current hydrogen strategy, as well as the challenges - land and water scarcity, infrastructure gaps, and financing gaps - that must be addressed in order for India to achieve its ambitious goals.

Russia's 2022 invasion of Ukraine illuminated the long profound shadow of nuclear weapons over international security. Russia's nuclear threats have rightfully garnered significant attention because of the unfathomable lethality of nuclear weapons. However, the use of such weapons in Ukraine is only one way—albeit the gravest— that Russia could challenge the global nuclear order. Russia's influence extends deep into the very fabric of this order—a system to which it is inextricably bound by Moscow's position in cornerstone institutions such as the Nuclear Non-Proliferation Treaty (NPT) and the International Atomic Energy Agency (IAEA). From withdrawing from key treaties to stymieing resolutions critical of misconduct, Moscow has demonstrated its ability to challenge the legitimacy, relevance, and interpretations of numerous standards and principles espoused by the West.

Decarbonizing existing buildings is a key component of greenhouse gas emission reduction strategies, but private investors have been slow to finance residential decarbonization projects because of a range of barriers. Authors Chang, Fornara, and Sanghvi argue that green banks could play a major role in unlocking public and private financing for projects that are currently financially unviable. 

Al-Juaied and Whitmore examine the costs and prospects for direct air carbon capture and storage (DACCS), and identify types of funding needed for early deployment for DACCS and building momentum for later widespread deployment. The challenges of implementing DACCS at very large scale further emphasize the need for urgent and widespread action to reduce emissions, which should continue to be the main priority for meeting climate goals.

In this paper, Nicola De Blasio and Derek Zheng provide a decision-making and analysis framework for public and private stakeholders to develop an effective, informed understanding of how global energy value chains and subsequent markets will develop and evolve throughout the energy transition.

This brief examines the national challenges related to deploying and scaling infrastructure to transport CO₂ from capture sites to storage or utilization sites at a scale consistent with achieving net-zero by 2050.

From July 11-12, 2023, NATO leaders gathered in Vilnius, Lithuania for one of the most significant NATO summits in history. This timely brief by Eric Rosenbach, Grace Jones, and Olivia Leiwant serves as a background piece on Ukraine’s history with NATO, potential future pathways for accession, and the operational impact Ukraine’s NATO membership could have on the alliance. 

This study offers the first consistent attempt to identify how energy sector decarbonization policies have affected the energy mix over the past four decades across more than 100 developing countries. 

Ely Sandler and Daniel Schrag propose a new approach to Article 6 of the Paris agreement, arguing that states must use cross-border investment to finance the energy transition. By linking additionality to an investment’s impact on cost of capital, Sandler and Schrag demonstrate how Article 6 can leverage blended finance to de-risk private investment, creating a new model of public private partnership. The paper uses case studies from the Middle East and North Africa region to demonstrate the potential economic, environmental and political benefits of cooperation on Article 6.  

This report studies the role countries could play in future green hydrogen industrial markets, focusing on three key applications: ammonia, methanol, and steel production. To elucidate the impact of the transition to a low-carbon economy on energy value chains, Eicke and De Blasio propose an analytical framework to cluster countries into five groups based on the variables of resource endowment, existing industrial production, and economic relatedness.