Nuclear Issues

The world was in suspense a week ago wondering whether OPEC and non-OPEC producers would put more oil on tightening global markets. Turns out: Yes, they will. But, as the story does not end here, it is worth assessing where we are and how we got here. While the U.S. seems to have gotten what it wanted, it is not all good news.

Oil markets have so far reacted to President Donald Trump’s decision to withdraw from the 2015 Iran nuclear deal without either enthusiasm or panic — without even much apparent interest. There are many good reasons for this, but also many reasons to think oil markets’ complacency could change. Fortunately, the Obama-era sanctions that Trump has moved to reimpose have some lesser-known safety valves should oil markets later overheat as a result of the Iran decision.

Dr. Ian Bremmer, expert in political risk and founder of the Eurasia Group, gave a seminar sponsored by the the Future of Diplomacy Project on Thursday, November 9 at the Harvard Kennedy School, titled “Managing Risk in an Unstable World."

The Summer 2013 issue of the Belfer Center newsletter features recent and upcoming activities, research, and analysis by members of the Center community on critical global issues. This edition highlights the Belfer Center’s expanding work on complex cybersecurity issues and Middle East challenges, offers reflections on the role of the U.S. in Iraq, and spotlights work being done by the Center and its affiliates on environment and energy issues.

"Concern over nuclear proliferation is likely to increase in the coming years. Many observers believe that the spread of nuclear weapons to one or two more states will trigger a wave of new nuclear states. More states may turn to nuclear power to meet their energy needs as other sources of energy become more costly or undesirable because they emit carbon that contributes to global climate change. As more nuclear reactors are built, the world's stock of nuclear expertise and fissionable materials is likely to grow."

"Without energy, there is no economy. Without climate, there is no environment. Without economy and environment, there is no material well-being, no civil society, no personal or national security. The overriding problem associated with these realities, of course, is that the world has long been getting most of the energy its economies need from fossil fuels whose emissions are imperiling the climate that its environment needs."

It's not just Bush and Cheney that are to blame. The system is broken. That's the message in this provocative sequel to Against All Enemies. When Richard Clarke apologized for 9-11, he never thought that there would be so many more government failures in so short a time, but climate change, Katrina, the struggle with al Qaeda, the insecurity in cyberspace, and the failure of homeland security all bespeak a larger problem, a systemic failure. Clarke documents the failures and suggests solutions for making government work better in its most important job, protecting us.