Asia & the Pacific

Joseph Nye considers lessons from his own work on preventing the spread of nuclear technology in the 1970s.

The economist and HKS professor is passionate about solving what may be humanity's most important and perplexing problem: How to untangle fossil fuels from the global economy.

For many, integrating “decarbonization” into public policy, corporate and financial strategies has become a requirement, not an option — yet, what happens when the critical link between climate stability and decarbonization breaks?

In late 2017, Mexico made headlines as Italian company Enel bid what was then a world-record low price for renewable energy in the country’s third such energy auction. This development was possible due to the historical and sweeping energy reforms passed with broad support in Mexico in 2013. Then-President Enrique Peña Nieto had succeeded where previous Mexican presidents had failed, reversing decades of resource nationalism and overhauling the energy sector through constitutional reforms that gave the private sector a larger role and advantaged renewable energy in Mexico’s economy. The 2017 auction seemed to indicate Mexico’s bright future not only as a conventional oil producer, but also as a clean energy power.

Russian military action in Ukraine could trigger an energy crisis even more serious than the one already hitting Europe. As has been pointed out, should the West hit Russia with severe new sanctions, President Vladimir Putin could cut off natural gas exports, leaving the continent shivering through midwinter. Yet there is another potential weapon of Russia’s that’s been less discussed and might be very effective: An ability to disrupt global oil markets, which would directly hit U.S. consumers.

In the World Nuclear Industry Status Report 2021, Mariana Budjeryn writes about the Chernobyl disaster 35 years later, while Ali Ahmad writes about nuclear power and climate change resilience.

What sounded so simple during last year’s presidential campaign has turned out, like everything related to Iran, to be quite complicated.

Chernobyl still stands for the world’s worst nuclear accident. The full impact of a nuclear disaster on this scale is difficult to compute, not least because the effects that count most are often those that are most difficult to count. Beyond the number of lives lost and people displaced, beyond the money spent on accident mitigation and remediation, there are long-term health, environmental, social, economic, and political consequences that defy quantification. Thirty-five years on, we are still grappling with the full extent of Chernobyl’s impact on the world. Yet in a very real sense, we live in a world shaped by Chernobyl.

1. We must learn from and remember the lessons of the past—while recognizing that Fukushima is not going to “happen again” as future accidents will have their own characteristics; while remembering the past, we must also avail ourselves of advances in seismology, climatology, engineering, etc.

In order to fully appreciate the global climate-change challenge that the Biden administration will face, Robert Stavins reflects on the history of international negotiations that brought us to this point.