Articles

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silhouetted oil rigs against blue background

Harvard Gazette

Newspaper Article - Harvard Gazette

Energy Agency Says Global Thirst for Oil Finally May Be Topping Out

    Author:
  • Alvin Powell
| July 11, 2023

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.

Chevrolet Volt hybrid car is seen charging

AP Photo/Richard Vogel, File

Newspaper Article - Harvard Gazette

California Dreaming? Nope.

    Author:
  • Alvin Powell
| Sep. 09, 2022

In an interview with The Harvard Gazette, Henry Lee welcomes California's aggressive move toward electric vehicles, but sees one ‘huge mistake’ policymakers need to avoid and a surefire way to anger drivers.
 

Tesla battery pack on display

AP Photo/Rich Pedroncelli, File

Journal Article - Joule

Surging Lithium Price Will Not Impede the Electric Vehicle Boom

    Authors:
  • Minggao Ouyang
  • Han Hao
| July 30, 2022

The surging prices of materials, especially lithium, have stirred up wide concerns about future EV development. In this commentary, with a focus on lithium, Xin Sun and co-authors argue that although the current price spike gives the EV market a sharp short-term shock, it will not hinder transportation electrification in the long run.

(Economic Research Forum)

(Economic Research Forum)

Journal Article - Economic Research Forum

Is Oil Wealth Good for Private Sector Development?

| March, 2019

When do autocratic rulers in oil-producing countries support private sector development? We argue that the size of oil rents per capita has an important effect on ruler support for the rule of law, respect for private property rights, and other factors that promote private investment.

Charging electric Vehicle

Flickr/Sino-German Urbanization Partnership

Journal Article - Elsevier Inc.

Electric Vehicle Recycling in China: Economic and Environmental Benefits

    Authors:
  • Fuquan Zhao
  • Zongwei Liu
  • Han Hao
| January 2019

With the rapid growth of electric vehicles in China, their benefits should be scientifically identified to support the industry development. Although the life cycle benefits of electric vehicles have been analyzed worldwide, the recycling phase has not been fully studied yet, especially in China. Therefore, this study focuses on the economic and environmental benefits of electric vehicle recycling in China. Based on the technology adopted by leading enterprises, the gross income and reduction of energy consumption and greenhouse gas emissions are calculated to reveal the benefits.

Uncovering the Domestic Factor in the Sino-Russian Energy Partnership

World Bank Photo Collection/Flikr

Journal Article - Geopolitics

Uncovering the Domestic Factor in the Sino-Russian Energy Partnership

| Oct. 15, 2018

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.

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Journal Article - Middle East Institute

Sovereign Wealth Funds in Small Open Economies

| Apr. 24, 2018

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.

 

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Journal Article - Global Policy

The Case for Economic Development Through Sovereign Investment: A Paradox of Scarcity?

| Apr. 14, 2018

Sovereign wealth funds (SWFs) have traditionally been created to recycle excess reserves from natural resource or non‐commodity revenues. However, in recent years funds are being established under conditions of capital scarcity with objectives to contribute domestic economic development, often through the buildout of national infrastructure programs. Such trends in new fund creation represent a fundamental shift in the sovereign wealth fund paradigm and raise serious questions about how these entities are to be capitalized and also the implications of capitalization models on their sustainability. This study examines the recent evolution of SWF models focused on economic development. Its analytic focus is drawn, in particular, to countries that are neither endowed with oil wealth, nor otherwise enjoy export surpluses to be used to capitalize a development‐oriented SWF. While this study is relevant to and expands the scope of the broad literature on SWFs, its specific contribution is as a focused analysis of how SWF funding sources impact achieving long‐term financial and socio‐economic development objectives.

Windmills on shore

Flickr

Journal Article - Oxford Energy Forum

U.S. Energy Diplomacy in an Age of Energy Abundance

| November 2017

For decades, fears of energy scarcity drove American energy diplomacy. The dependence of the global economy on oil, and America’s need to secure ever-growing quantities of this commodity, underpinned complex networks of alliances and intensive diplomatic endeavors. An atmosphere of ever-increasing global competition for resources made these labors all the more urgent and highstakes. Today, in an age of energy abundance, many anticipate that the new US energy prowess will render such efforts obsolete and pave the way for US disengagement in the world. Yet a sober look at reality suggests that this should be far from the case.