South Asia

Last week was a trying one for Canadian Prime Minister Justin Trudeau. You may think that I am referring to the imposition of U.S. tariffs on imports of Canadian steel. But Trudeau actually faced a harder issue than the one about how to respond to President Donald Trump’s declaration that trade with Canada posed a threat to U.S. security.

This Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment.

For decades, fears of energy scarcity drove American energy diplomacy. The dependence of the global economy on oil, and America’s need to secure ever-growing quantities of this commodity, underpinned complex networks of alliances and intensive diplomatic endeavors. An atmosphere of ever-increasing global competition for resources made these labors all the more urgent and highstakes. Today, in an age of energy abundance, many anticipate that the new US energy prowess will render such efforts obsolete and pave the way for US disengagement in the world. Yet a sober look at reality suggests that this should be far from the case.

Last week when President Donald Trump threatened to impose new sanctions against Iran—OPECs third largest crude producer—commodity markets reacted swiftly. In the face of new tensions in the Middle East, the focus is again on the critical link between foreign policy and energy markets.

That is the focal point of Windfall, a new book written by Harvard professor Meghan O’Sullivan, who convincingly presents strong evidence against U.S. declinism in the context of the newfound energy abundance.

"If he lives up to his campaign rhetoric, Mr. Trump may indeed be able to reverse course on climate change policy, increasing the threat to our planet, and in the process destroy much of the Obama legacy in this important realm. This will make the states even more important players on this critical issue."

What does Brexit mean for India? As a former British colony, the country enjoys particularly close economic, trade, political and cultural ties to the United Kingdom. India and South Asia Program Affiliate, Ronak Desai, examines how the relationship could be altered by the British exit from the European Union and possible outcomes.

Many energy consumers, and even analysts and policymakers, confront and frame energy and climate risks in a moral vacuum, rarely incorporating broader social justice concerns. Here, to remedy this gap, we investigate how concepts from justice and ethics can inform energy decision-making by reframing five energy problems — nuclear waste, involuntary resettlement, energy pollution, energy poverty and climate change — as pressing justice concerns.

Opening the joint CLIMATE CHANGE DIPLOMACY WEEK event series, speakers and leading climate change experts from both Harvard and beyond participated in a panel discussion titled "What's at Stake in Paris?: Diplomacy and Policy at the Climate Change Talks," moderated by the Future of Diplomacy Project Faculty Director, R. Nicholas Burns, and co-hosted with the Harvard Project on Climate Agreements on November 9. The speakers comprised of Sturgis Hooper Professor of Geology at Harvard University, Daniel Schrag;former Costa Rican Minister of Environment and Energy, René Castro; former Under Secretary of State for Democracy and Global Affairs and chief climate negotiator, Paula Dobriansky; and Albert Pratt Professor of Business and Government and Director of the Harvard Project on Climate Agreements, Robert Stavins. Together panellists weighed in on the upcoming UNFCCC talks to be held in Paris in December and the overarching policy issues at play.

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.

A Liberal Actor in a Realist World assesses the changing nature of the global political economy of energy and the European Union's response, and the external dimension of the regulatory state. The book concludes that the EU's soft power has a hard edge, which is derived primarily from its regulatory power.