Asia & the Pacific

396 Items

A satellite view of the Baihetan Dam, under construction on the Jinsha River in Yunnan provence, February 4, 2020.

CNES/Airbus, used with permission

Paper

China Trading Power: Improving Environmental and Economic Efficiency of Yunnan’s Electricity Market

| March 2021

In this report, we propose a market reform pathway for Yunnan that is both feasible and applicable to address some of these challenges immediately, while aiming for a standard design based on well-documented international experience. Our proposal includes at its heart a pay-for-performance monthly capacity auction that can help cover revenue deficiencies in the energy market. Building on international experience with capacity markets, this approach provides incentives for availability when generation is needed most and is compatible with the adoption of a single energy market for all electricity resources. Out-of-market payments to cover stranded costs of certain firms can thus be minimized. Finally, engaging consumers in both these energy and capacity markets can create high-powered incentives to shift consumption to low-cost months and hours, benefitting the entire province.

 Chinese structures and an airstrip on the man-made Subi Reef

Francis Malasig/Pool Photo via AP, File

Analysis & Opinions - Project Syndicate

What Could Cause a US-China War?

| Mar. 02, 2021

Thucydides attributed the war that ripped apart the ancient Greek world to two causes: the rise of Athenian power—and the fear that this created in the established power, Sparta. Joseph Nye advises that in order to prevent a new cold or hot war, the United States and China must avoid exaggerated fears and misperceptions about changing power relations.

Soldiers assigned to the New York National Guard's 24th Civil Support Team based at Ft. Hamilton, search for a simulated weapon of mass destruction based on elevated radioactivity levels they found in a warehouse during an exercise in Brooklyn, N.Y., Oct. 22, 2019. The 22 person team made up of Airmen and Soliders of the NYNG respond to incidents of chemical, biological, radiological, nuclear and explosive, and every 18 months have to go through an evaluation where the unit is certified in their mission.

U.S. Army National Guard photo by Ryan Campbell

Analysis & Opinions - European Leadership Network

It’s Time to Prohibit Radiological Weapons

    Authors:
  • Sarah Bidgood
  • Samuel Meyer
  • William C. Potter
| Feb. 01, 2021

Today, the origins of the concept of RW have largely been forgotten.  Indeed, since 9/11, radiological weapons have been associated mainly with non-state actors, who may not have the means or motivations to acquire and use far more lethal nuclear explosives.  A fixation on the very real dangers posed by nuclear terrorism, however, should not obscure the risks that states also may again pursue radiological weapons.

Containers are pictured on board of the ‘Star’ vessel of the China Shipping Container Lines shipping company at the harbor in Hamburg, Germany, Wednesday, Oct. 29, 2014.

AP Photo/Michael Sohn

Policy Brief - Project on Europe and the Transatlantic Relationship and the German Council on Foreign Relations

Transatlantic Action Plan: China

| January 2021

Both sides of the Atlantic are converging in their assessment of the challenges China poses to transatlantic prosperity and democracy. The U.S. and Europe must now build on this convergence to advance a common strategy toward China. Only together can the U.S. and Europe, alongside other democratic nations, maintain the necessary leverage in trade, technology and multilateral engagement to hold China accountable to a set of standards that protects democratic societies and contributes to global stability.

To develop a stronger transatlantic approach toward China, the Biden administration must work to rebuild trust in the transatlantic relationship and recommit to multilateral alliances and institutions abandoned by President Trump. Europe for its part must unite and take action where it sees China exploiting its critical industries and infringing on its values. A common position on China at the EU–level and across several influential EU member states is critical to making transatlantic cooperation on China feasible.

In this Nov. 28, 2019 file photo, smoke and steam rise from a coal processing plant in Hejin in central China's Shanxi Province.

AP Photo/Sam McNeil

Policy Brief

China’s National Carbon Market: Paradox and Potential

| December 2020

China announced it would launch a national carbon market in 2017, yet this policy is taking years to come into effect. What will it take for a carbon market to work in command-and-control China? This policy brief explores an understudied challenge—emissions accounting—and identifies potential opportunities that have arisen in the first phase of China’s national carbon market.

President-elect Joe Biden and his climate envoy, John Kerry, at The Queen theater.

Carolyn Kaster/AP

Analysis & Opinions - Bloomberg Opinion

What Does Success Look Like for a Climate Czar?

| Dec. 02, 2020

President-elect Joe Biden’s decision to create a new cabinet-level position for climate-related issues — and to choose so prominent a figure as former Secretary of State John Kerry to fill it — demonstrates Biden’s sincerity over putting climate at the very center of U.S. foreign policy. It is easy to understate the importance of this appointment, given the flurry of czars created by most new administrations.

wind farm

Wikimedia CC/ taylorandayumi

News - Harvard Project on Climate Agreements

Harvard Project Conducts Research Workshop on China’s National Carbon Pricing System

    Author:
  • Robert C. Stowe
| Oct. 28, 2020

The Harvard Project on Climate Agreements conducted a research workshop on October 14 – 15, 2020 titled “China’s National Carbon-Pricing System: Challenges and Opportunities.” Tsinghua University’s Institute of Energy, Environment, and Economy — directed by Professor Zhang Xiliang — co-organized the workshop. The Harvard Global Institute provided major support for the project. The workshop was conducted virtually over Zoom.

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Analysis & Opinions - Bloomberg Opinion

After Oil: Throwing Money at Green Energy Isn’t Enough

| Sep. 17, 2020

The geopolitical and geo-economic forces wrought by the coronavirus pandemic, as examined previously in this series, are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.

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Analysis & Opinions - Bloomberg Opinion

Pandemic Is Hurting, Not Helping, Green Energy

| Sep. 16, 2020

For most people, there was nothing to celebrate when the International Monetary Fund downgraded its outlook for global economic growth in June, anticipating a contraction of 4.9% for 2020. Yet for others, such as the small but persistent group of economists and others known as the degrowth movement,” the Covid-induced economic slowdown has a silver lining.