Articles

Stephen Walt argues for a return to a realism-based U.S. grand strategy.

China needs to manage its coal-dominated power system to curb carbon emissions, as well as to address local environmental priorities such as air pollution and water stress. In this article, the authors examine three province-level scenarios for 2030 that represent various electricity demand and low-carbon infrastructure development pathways.

The article outlines the role of national narratives in driving both Russia and China’s energy foreign policy and goes on to argue that the Sino-Russian gas breakthrough in 2014 was due to the peculiar way in which domestic factors paired with international circumstances to produce the outcome at that particular moment.

The small open economies of the Gulf and Southeast Asia are pioneers in the establishment of

Sovereign Wealth Funds (SWFs). The SWFs of countries like Qatar and Singapore are among the

world’s largest in terms of total asset size relative to Gross Domestic Product. This article looks

at the different compulsions behind the setting up of SWFs by small open economies.

Enormous growth in solar photovoltaic (PV) electricity generation in China is planned, with a goal to provide 10 perecnt of total electricity demand by 2030. However, over much of China, aerosol pollution scatters and absorbs sunlight, significantly reducing surface solar radiation suitable for PV electricity generation. The authors evaluate the impact of aerosols on PV generation and find aerosol-related annual average reductions in eastern China to be more than 20 percent. In winter, aerosols have comparable impacts to clouds over eastern provinces. Improving air quality in China would increase efficiency of solar PV generation. As a positive feedback, increased PV efficiency and deployment would further reduce air pollutant emissions as well.

The world's energy system needs rebuilding. The Paris agreement to keep global warming “well below 2 °C above pre-industrial levels” demands that we replace fossil fuels with solar, wind, geothermal and biomass energy. The price tag is vast: investing US$120 trillion in energy projects between 2016 and 2050, at twice the current annual rate of $1.8 trillion a year, will deliver a 66% chance of achieving the Paris target. We must halve oil production and stop using coal to produce electricity.