Reports & Papers

This essay examines Russia’s growing role in Asia’s energy markets, assesses the implications for the U.S., and examines the claim that closer Sino-Russian energy ties are adding new incentives for a broader strategic alignment.

In The Next Great Emerging Market? Capitalizing on North America’s Four Interlocking Revolutions, Gen. (Ret.) David H. Petraeus and Paras D. Bhayani explain why North American market integration and  leadership in energy, manufacturing, life sciences, and information technology could drive substantial economic growth. But they warn that Washington must turn today’s policy headwinds into policy tailwinds to capitalize fully on these trends.

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.

As Moscow’s relations with the West deteriorate, Putin seeks to show the world and the Russian people that he has alternative friends to the East. Be that as it may, the incentives leading to the mega deal were in place much earlier. This paper proposes a framework for assessing the deal along three dimensions: 1) gas trade and energy security implications; 2) regional- and global policy-related implications; and 3) prospects for the future.

In a Harvard Kennedy School IDEASpHERE session titled "Challenges to US Global Leadership," Graham Allison, Nicholas Burns, David Gergen, David Ignatius, and Meghan O’Sullivan discussed challenges as well as opportunities facing the United States. Burns moderated the session.

Challenges include the rise of China and the future of the U.S.-China relationship, the crises taking place around the world, and the reputation of the U.S. worldwide. An unexpected opportunity is the increase in available energy sources in the United States.

The last seven decades without war among the great powers – what historians describe as “the long peace” – is a remarkable achievement. “This is a rare and unusual fact if you look at the last few thousand years of history,” said Graham Allison, director of the Belfer Center and moderator of the IDEASpHERE panel “Winning the Peace.” “Furthermore, it is no accident. Wise choices by statesmen have contributed to ‘the long peace,’ which has allowed many generations to live their lives.”

Dramatic growth in nuclear energy would be required for nuclear power to provide a significant part of the carbon-free energy the world is likely to need in the 21st century, or a major part in meeting other energy challenges. This would require increased support from governments, utilities, and publics around the world. Achieving that support is likely to require improved economics and major progress toward resolving issues of nuclear safety, proliferation-resistance, and nuclear waste management. This is likely to require both research, development, and demonstration (RD&D) of improved technologies and new policy approaches.

The Managing the Atom (MTA) Project and the Russian Research Center’s "Kurchatov Institute" collaboratively authored a report entitled Promoting Safe, Secure, and Peaceful Growth of Nuclear Energy: Next Steps for Russia and the United States. This report is intended to provide recommendations for enabling large-scale growth of nuclear energy while achieving even higher standards of safety, security, and nonproliferation than are in place today.