Reports & Papers

Putin's third presidential term started in May of 2012. He had already served two consecutive terms in 2000-2008, switching places with Prime Minister Dmitry Medvedev in 2008-2012. Putin's first two terms composed a period of sustained growth, which provided empirical ammunition against criticism of his model. The freshman year of Medvedev's presidency coincided with the onset of a global economic crisis that exposed Putin's model to its first serious test.

Leonardo Maugeri explains why oil production continued to grow despite the collapse of oil prices since November 2014. Investment in production capacity did not abate. In point of fact, oil producers are just beginning to see results from recently completed or soon-to-be-completed investments – as he suggested in 2012. This momentum means today’s oil surpluses will grow, putting further downward pressure on prices.

Will global demand catch up to absorb this glut? It seems unlikely.

Reducing the Use of Highly Enriched Uranium in Civilian Research Reactors is a report of the Committee on the Current Status of and Progress Toward Eliminating Highly Enriched Uranium Use in Fuel for Civilian Research and Test Reactors. The committee was established by the Nuclear and Radiation Studies Board, Division on Earth and Life Studies and the National Academies of Sciences, Engineering, and Medicine. The report is the result of a congressionally mandated study (P.L. 112-239, Section 31781) to assess improvement in reducing highly enriched uranium use in fuel for civilian research and test reactors.

Belfer Center Senior Fellow William Tobey is a member of the Committee that produced the report.

This paper examines the domestic sources of the internationalization of national oil companies (NOCs) in China and India. It argues that—counter to notions of state-led internationalization—the going abroad of NOCs reflects a pattern of “coopetition,” i.e., the co-existence of cooperation and conflict between increasingly entrepreneurial NOCs and partially supportive and interventionist home governments.

On June 23 and 24, twenty five experts met at Harvard University’s Kennedy School of Government under the auspices of the Geopolitics of Energy Project at the Belfer Center for Science and International Affairs. The group, which included experts from academia, the financial sector, government, and the energy industry, spent an evening and the following full day discussing and debating the possible energy implications of a nuclear deal between the P5+1 and Iran.

As nuclear negotiations with Iran near their final stage, the question of inspections has come to the fore. If a final agreement is reached, inspections will be a principal means of assuring that Iran does not develop nuclear weapons, either by “breakout” at declared facilities, or by “sneakout” using secret sites. Given the importance being placed on inspections, what type will be necessary?  What inspection and verification regime will be needed to facilitate compliance, detect violations, and ensure effective enforcement?

The United States could enhance or threaten China’s energy security but China was unsure of the U.S. intentions. China and the United States were both friends and potential foes. In the meantime, Russia’s own ambivalent relationship with the United States and its Western allies has worsened. In this context, China and Russia have grown closer. 

This AEI report strives to shed light on these uncertainties with the aim of providing realistic scenarios for the global energy outlook to 2030. Goldthau's chapter finds that Russia will remain one of the world’s top energy producers and exporters, but its energy future will hinge on several factors outside of Moscow’s control, including Western energy sanctions and European regulations. Should Europe shift away from dependence on Russian energy, the Kremlin will feel more pressure to court China.

China’s energy needs have been a major factor shaping the global energy landscape in the 21st century. A significant contributor to rising global energy consumption and increasing prices over the last decade, the country is being actively courted by the world’s largest oil and gas exporters as a pivotal growth market for the future. As part of this, policymakers and industry leaders have been closely monitoring the potential for growing strategic and energy ties between China and its producer neighbor, Russia.

As Russian dreams of becoming a ‘great ecological power’ fade, Gazprom, it seems, has been driving climate policy all along.