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Analysis & Opinions - Bloomberg Opinion

Russia’s Oil Weapon May Be More Potent Than Gas Blackmail

| Jan. 28, 2022

Russian military action in Ukraine could trigger an energy crisis even more serious than the one already hitting Europe. As has been pointed out, should the West hit Russia with severe new sanctions, President Vladimir Putin could cut off natural gas exports, leaving the continent shivering through midwinter. Yet there is another potential weapon of Russia’s that’s been less discussed and might be very effective: An ability to disrupt global oil markets, which would directly hit U.S. consumers.

A container ship of the shipping line Hamburg Süd passing under the Golden Gate Bridge

Wikimedia CC/Frank Schulenburg

Analysis & Opinions - Resources Magazine

A Solution to the Competitiveness Risks of Climate Policy: Countervailing Duty Law

| Oct. 05, 2021

Joseph Aldy describes how the United States can work toward its ambitious climate goals and ensure a level playing field for U.S. businesses by using countervailing duties under international trade law, without the need for new legislation.