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.

Tree Trunks

Harvard File Photo/Rose Lincoln

Newspaper Article - Harvard Gazette

New Committee to Advise Bacow on Sustainability Goals

    Author:
  • Nate Herpich
| Apr. 20, 2020

Harvard University has created a Presidential Committee on Sustainability (PCS) to advise President Larry Bacow and the University's leadership on sustainability vision, goals, strategy, and partnerships. The Harvard Gazette spoke with committee chairs Rebecca Henderson, the John and Natty McArthur University Professor; John Holdren, the Teresa and John Heinz Professor of Environmental Policy at Harvard Kennedy School; and Katie Lapp, executive vice president, about why it is so important to act now; the role of the PCS in developing collaborative and innovative projects; and how the campus community can get involved.

(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.

Dave Johnson coal-fired power plant is silhouetted against the morning sun

AP/J. David Ake

Magazine Article - Fair Observer

Sacrificing Nature Is Not an Option

    Author:
  • Kourosh Ziabari
| Feb. 27, 2019

In this edition of "The Interview," Fair Observer talks to Professor John Holdren, former science adviser to President Barack Obama and director of the White House Office of Science and Technology Policy from 2009 to 2017 about the impacts of global warming on the United States and the government's strategies to combat climate change.

Earthrise over the Moon

NASA/Bill Anders

Journal Article - Nature Sustainability

Policy Design for the Anthropocene

    Authors:
  • Thomas Sterner
  • Edward B. Barbier
  • Ian Bateman
  • Inge van den Bijgaart
  • Anne-Sophie Crépin
  • Ottmar Edenhofer
  • Carolyn Fischer
  • Wolfgang Habla
  • John Hassler
  • Olof Johansson-Stenman
  • Andreas Lange
  • Stephen Polasky
  • Johan Rockström
  • Henrik G. Smith
  • Will Steffen
  • James E. Wilen
  • Francisco Alpízar
  • Christian Azar
  • Donna Carless
  • Carlos Chávez
  • Jessica Coria
  • Gustav Engström
  • Sverker C. Jagers
  • Gunnar Köhlin
  • Åsa Löfgren
  • Håkan Pleijel
  • Amanda Robinson
| 2019

The authors examine the complexities of designing policies that can keep Earth within the biophysical limits favorable to human life.

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.