Environment and Natural Resources

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. 

Arctic Initiative Co-Director John Holdren and Senior Fellow Fran Ulmer call for increased U.S.-Canadian cooperation on geopolitical challenges around relations with Russia and China as well as the critical problems being imposed by climate change on the North American Arctic.

This paper explores the unique conditions that made the Agreement to Prevent Unregulated High Seas Fisheries in the Central Arctic Ocean possible and examines how success was achieved by the interrelationships of science, policy, legal structures, politics, stakeholder collaboration, and diplomacy.

Joel Clement describes the Leaders Summit on Climate, held on April 23, 2021, as making a strong point that the Biden administration is up to the challenge of combating climate change.

In this report, we propose a market reform pathway for Yunnan that is both feasible and applicable to address some of these challenges immediately, while aiming for a standard design based on well-documented international experience. Our proposal includes at its heart a pay-for-performance monthly capacity auction that can help cover revenue deficiencies in the energy market. Building on international experience with capacity markets, this approach provides incentives for availability when generation is needed most and is compatible with the adoption of a single energy market for all electricity resources. Out-of-market payments to cover stranded costs of certain firms can thus be minimized. Finally, engaging consumers in both these energy and capacity markets can create high-powered incentives to shift consumption to low-cost months and hours, benefitting the entire province.

Fran Ulmer advocates for better U.S. federal Arctic coordination at home and abroad by detailing three steps that are a good first start.

The peer-reviewed update of ENRP's ongoing research on renewable hydrogen is featured in the June volume of Geopolitics, History, and International Relations, an academic journal of which Dr. Nicola de Blasio is now also an editor.

To accelerate the global transition to a low-carbon economy, all energy systems and sectors must be actively decarbonized. While hydrogen has been a staple in the energy and chemical industries for decades, renewable hydrogen is drawing increased attention today as a versatile and sustainable energy carrier with the potential to play an important piece in the carbon-free energy puzzle. Countries around the world are piloting new projects and policies, yet adopting hydrogen at scale will require innovating along the value chains; scaling technologies while significantly reducing costs; deploying enabling infrastructure; and defining appropriate national and international policies and market structures.

What are the general principles of how renewable hydrogen may reshape the structure of global energy markets? What are the likely geopolitical consequences such changes would cause? A deeper understanding of these nascent dynamics will allow policy makers and corporate investors to better navigate the challenges and maximize the opportunities that decarbonization will bring, without falling into the inefficient behaviors of the past.

In this report, the authors conduct a benchmarking analysis for energy and CO2 emissions intensity of the steel industry among the largest steel-producing countries.

Cement production is one of the most energy-intensive and highest carbon dioxide (CO2) emitting manufacturing processes. The goal of this study is to develop a roadmap for decarbonization of California's cement and concrete production. In this study, the authors look at the current status of cement and concrete production in California and develop scenarios up to 2040 to analyze different decarbonization levers that can help to reduce CO2 emissions of cement and concrete production in California.