Environment and Natural Resources

The International Energy Agency predicted last month that demand for global oil for transport will peak around 2026, plateau for all uses by 2028, and possibly hit a zenith by the end of the decade. Harvard experts say the forecasts track with what’s going on in the developed world, but the energy needs of less-wealthy nations pressing to develop their economies could foil expectations for years to come.

The price cap on Russian oil implemented today by the G7 countries plus Australia represents a novel approach to sanctions. The policy is designed to reduce Russian fossil fuel revenues while keeping Russian oil on the market. In this brief, Catherine Wolfram, Simon Johnson, and Łukasz Rachel explain the basic economic principles at work and discuss some of the critiques of the price cap. 

The price cap on Russian oil implemented today by the G7 countries plus Australia represents a novel approach to sanctions, according to a policy brief authored by Catherine Wolfram, Simon Johnson, and Łukasz Rachel and released today by Harvard Kennedy School’s Belfer Center for Science and International Affairs and the Mossavar-Rahmani Center for Business and Government. 

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.

At the Arctic Frontiers 2021 conference, Joel Clement delivered the keynote address for the "Building the future" panel. His inspirational speech was an ode to empowering youth and building a resilient Arctic — and a reflection on the discussions of the 2020 Arctic Resilience Forum.

In the face of advancing impacts of climate change — fires, smoke, floods, droughts, storms, and heat— Lara Hansen and Joel Clement argue for changing the way the country does business in every facet of the economy, with an eye toward reducing risk, increasing resilience, and ensuring equity and justice.

The Harvard Project on Climate Agreements co-sponsored a webinar on March 30, 2021: “The Future of Green India: Energy and Climate Change.” Hosting the event was the Lakshmi Mittal and Family South Asia Institute at Harvard University. The other co-sponsors were the Environment and Natural Resources Program in the Belfer Center for Science and International Affairs, Harvard Kennedy School — and the Harvard University Center for the Environment. The Harvard Global Institute provided support for the seminar and a larger project of which it is part.

Joel Clement describes some immediate opportunities—and emphasize specific recommendations—to establish the Interior Department as a purposeful catalyst for a fair and just transition to clean energy, healthy ecosystems, and thriving communities.

John P. Holdren, science advisor to the Obama administration, lists 6 things he thinks Joe Biden would do on climate change.

Climate@HKSis a new online resource for navigating the full range of climate-related activity across Harvard Kennedy School's research centers, degree programs, and administrative departments.