Environment and Natural Resources

Harvard Kennedy School’s Energy Policy Seminar series hosted Frances Moore, Associate Professor and the Hurlstone Presidential Chair in the Department of Environmental Science and Policy at the University of California Davis, to present her recent research on how the social cost of carbon is likely significantly underestimated in the academic literature.

The energy transition has made deep-sea mining for critical minerals cost-competitive for the first time, and Chinese companies are champing at the bit to start mining at a commercial scale. The United States and its partners, by contrast, have been caught on the back foot when it comes to China’s stranglehold on the critical mineral supply chain. With the geopolitical rivalry between China and the United States intensifying, many Western observers say the United States can’t afford to lose the scramble for the seabed. 

In an essay for Harvard Kennedy School Magazine, Henry Lee argues the policies China is pursuing to wean itself off reliance on fossil fuels may also benefit its quest for greater energy security.

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.

Joel Clement writes that while climate change is a scientific matter, climate action is a political one, and, if done right, can usher in dramatic social, economic and ecological improvements.