88 Items

three workers install solar panels on roof of home

AP Photo/John Minchillo

Paper - Belfer Center for Science and International Affairs and the Mossavar-Rahmani Center for Business and Government

Financing Building Decarbonization: The Roles of Government and Private Sector Investors

    Authors:
  • Marco Fornara
  • Rushabh Sanghvi
| Jan. 22, 2024

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. 

A satellite view of the Baihetan Dam, under construction on the Jinsha River in Yunnan province, February 4, 2020.

CNES/Airbus, used with permission

Paper

China Trading Power: Improving Environmental and Economic Efficiency of Yunnan’s Electricity Market

| March 2021

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.

A photo of electrolysis in action. (Flickr: ca_heckler)

Flickr: ca_heckler / CC by-nc-nd 2.0

Report

Geopolitical and Market Implications of Renewable Hydrogen: New Dependencies in a Low-Carbon Energy World

| March 2020

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.

Concrete

Report - Global Efficiency Intelligence

Deep Decarbonization Roadmap for the Cement and Concrete Industries in California

| September 2019

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.

A member of the Czech Army takes part in an anti-terrorism drill at the Temelin nuclear power plant near the town of Tyn nad Vltavou, Czech Republic, April 11, 2017.

REUTERS/David W. Cerny

Report - Belfer Center for Science and International Affairs, Harvard Kennedy School

Revitalizing Nuclear Security in an Era of Uncertainty

| January 2019

Nuclear security around the world has improved dramatically over the last three decades—which demonstrates that with focused leadership, major progress is possible. But important weaknesses remain, and the evolution of the threat remains unpredictable. The danger that terrorists could get and use a nuclear bomb, or sabotage a major nuclear facility, or spread dangerous radioactive material in a “dirty bomb,” remains too high. The United States and countries around the world need to join together and provide the leadership and resources needed to put global nuclear security on a sustained path of continuous improvement, in the never-ending search for excellence in performance.

Heads of delegation for 2016 Nuclear Security Summit gather for family photo in Washington, D.C. on April 1, 2016.

Ben Solomon/U.S. Department of State

Analysis & Opinions - The Hill

Rhetoric Aside, the US Commitment to Preventing Nuclear Terrorism is Waning

| Apr. 19, 2018

With the world focused on the United States and North Korea, it’s easy to forget that every president for a quarter-century has said preventing nuclear terrorism was a national security priority. This includes the Trump administration, which identified in its Nuclear Posture Review that nuclear terrorism is one of “the most significant threats to the security of the United States.” It appears, however, despite this strong rhetoric, the administration may not be putting its money where its mouth is.

Hiroshima

U.S. Army

Analysis & Opinions - Bulletin of the Atomic Scientists

The Effects of a Single Terrorist Nuclear Bomb

| Sep. 28, 2017

The escalating threats between North Korea and the United States make it easy to forget the “nuclear nightmare,” as former US Secretary of Defense William J. Perry put it, that could result even from the use of just a single terrorist nuclear bomb in the heart of a major city.

At the risk of repeating the vast literature on the tragedies of Hiroshima and Nagasaki—and the substantial literature surrounding nuclear tests and simulations since then—we attempt to spell out here the likely consequences of the explosion of a single terrorist nuclear bomb on a major city, and its subsequent ripple effects on the rest of the planet. Depending on where and when it was detonated, the blast, fire, initial radiation, and long-term radioactive fallout from such a bomb could leave the heart of a major city a smoldering radioactive ruin, killing tens or hundreds of thousands of people and wounding hundreds of thousands more. Vast areas would have to be evacuated and might be uninhabitable for years. Economic, political, and social aftershocks would ripple throughout the world. A single terrorist nuclear bomb would change history. The country attacked—and the world—would never be the same.

Earth at night, 2012. People around the world depend upon electric lighting. Generating electricity using increased amounts of non-fossil fuels is critical to slowing climate change.

USA.gov

Journal Article - Ecological Economics

Using Inclusive Wealth for Policy Evaluation: Application to Electricity Infrastructure Planning in Oil-Exporting Countries

| 2017

Decision-makers often seek to design policies that support sustainable development. Prospective evaluations of how effectively such policies are likely to meet sustainability goals have nonetheless remained relatively challenging. Evaluating policies against sustainability goals can be facilitated through the inclusive wealth framework, which characterizes development in terms of the value to society of its underlying capital assets, and defines development to be potentially sustainable if that value does not decline over time.