Environment and Natural Resources

Daniel Schrag and Henry Lee discuss the policies China could enact in the near-term to ease its transition to a low-carbon economy, the subject of their book Foundations for a Low-Carbon Energy System in China (Cambridge University Press, 2021). 

Institutional reforms are key to China tackling climate change. More are needed to secure a low-carbon future, write Henry Lee and Daniel Schrag.

In recent years, the relationship between China and the United States has been characterized by rising geopolitical tensions, and cooperation and coordination between the two countries has become something of a pipe dream. Yet there is one issue where the interests of both clearly overlap: climate change. A global temperature increase of 3°C will damage the economies and social fabric of both the United States and China—an outcome that both countries want to avoid. 

Faced with an accelerating climate crisis, mounting political frustrations, and a congressional stalemate, Joel Clement writes that the White House must take the lead on climate action by curtailing fossil fuel extraction on public lands and providing economic protection to the communities that will be most impacted by the coming energy transition.

It's become something of a blood-sport to attack the Biden administration for not aggressively tackling the climate crisis. But a recent executive order calling for the federal government to reach carbon neutrality by 2050 shows that the federal government is still determined to drive the clean energy transition, with or without the Senate's support.

What was accomplished? COP26 created pressure for some countries to produce revised  Nationally Determined Contributions, helped catalyze new pledges to reduce emissions (including from India), led to the approval of the rules to govern international cooperation and carbon markets (the Paris Rulebook) addressing the issue of double counting, and served as the Launchpad for some novel initiatives that could play a useful role. Among the announcements that were made, was one that recognizes the importance of strategic investment and government action to lower the cost of technologies to reach carbon neutrality.

Kelly Sims Gallagher asserts that politicians' pledges of dramatic long-term reductions should not let them off the hook for their failure to achieve more modest progress in the short term.

Ian Masters and Joel Clement assess how much time has been lost by governments in facing the looming crisis of climate change, in particular here in the U.S. where the last four years were not only wasted, but were steps backwards from the urgent challenges made clear by yesterday's alarming IPCC report.

Joel Clement describes the influence of U.S. Senators Lisa Murkowski and Joe Manchin over the Department of the Interior and advises that a forward-looking legislator in a fossil-fuel state would be wise to fight aggressively for financial commitments to make the people in their state part of the vanguard of the new clean energy economy, rather than set back the U.S. economy by fighting the inevitable energy transition itself.

Joel Clement outlines why he is vexed by global negligence with regards to investments in the fossil fuel industry.