Energy

Energy economist Severin Borenstein, Professor of the Graduate School at the Haas School of Business at the University of California, Berkeley, discussed the many significant challenges facing the nation’s electricity power sector in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.

Amid the global energy transition, investors are anxious to pour billions of dollars into many of these countries to turn the new fossil fuel finds into hydrogen. The element is the key feedstock for fuel cells, which use chemical reactions to generate electricity cleanly, with water as the main byproduct. Notwithstanding the considerable technological challenges ahead, demand for the gas in Europe and elsewhere is widely expected to surge as vehicles, factories, and other energy users seek to reduce greenhouse gas emissions.

For Southern Rim nations, however, this tantalizing opportunity for economic development risks turning into just another Sahara mirage. That’s because the hype surrounding hydrogen may continue to distract the regions’ leaders from addressing the tough domestic social issues that are behind the migration crisis. If the technology does become viable, revenue from hydrogen exports to Europe could just perpetuate rent-seeking behavior by political and economic elites at the expense of their own citizens.

Antonio Perry MPP 2024 and Monserrat Ocana MPP 2024 had the opportunity to intern with Iceland’s National Energy Authority (NEA) and contribute to the country’s ambitious climate journey. 

“This is not a decision or set of steps that are happening in haste by any means, and this is a practice that is common and consistent around the world and with the nuclear energy industry,” said Marina Lorenzini of the Belfer Center for Science and International Affairs at the Harvard Kennedy School of Government.

According to data posted online by the Japanese Ministry of Economy, Trade and Industry, water with much higher levels of tritium has been discharged by nuclear facilities in countries including China, South Korea, Canada and France in line with local regulations.

Lorenzini said that the IAEA’s active engagement in the Fukushima process “makes me feel a lot more comfortable and confident with the events we see playing out today.”

The IAEA said this week that it would maintain an onsite presence at the Fukushima plant, where it opened an office last month, and publish real-time and near real-time monitoring data.

“I think we have good reason to believe that this will be a well-monitored and well-maintained operation,” Lorenzini said.

In this paper, Nicola De Blasio and Derek Zheng provide a decision-making and analysis framework for public and private stakeholders to develop an effective, informed understanding of how global energy value chains and subsequent markets will develop and evolve throughout the energy transition.

Energy economist Karen Palmer, renowned for her research on the nation’s electric power sector, shared her insights on electricity regulation and deregulation, carbon pricing, and climate change policy in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.”

This chapter appears in Handbook of the Anthropocene: Humans between Heritage and Future.

Nuclear waste epitomizes the Anthropocene. Scientific discovery of nuclear fission in the 1930s ushered in the atomic age. The onset of nuclear weapons and nuclear energy production in the 1940s and 1950s then created a uniquely human problem with planetary implications. Today, 33 countries operate 442 nuclear power reactors, and nine countries possess nearly 13,000 nuclear arms. The result is high-level waste that is dangerously radioactive for millennia to come. Yet, there has never been a permanent waste solution in place. Technically feasible long-term nuclear waste storage options exist, but nearly all governments prefer riskier interim plans hidden from public view and debate. This chapter considers the likelihood of societies addressing the contentious environmental and economic politics of deep geological repositories; and it asks, how long will obfuscation of the risks of this unique Anthropocene challenge continue?

This brief examines the national challenges related to deploying and scaling infrastructure to transport CO₂ from capture sites to storage or utilization sites at a scale consistent with achieving net-zero by 2050.

At the foot of the Eqi Glacier in Greenland in June, I watched ice formed thousands of years ago drop into the warming ocean. With this vivid depiction of climate change in my mind, I was disappointed that neither of the conferences held last month to prepare for the UN’s upcoming COP28 summit had produced any real breakthroughs.

However, while the need for climate action is rising, the stakes for COP, perhaps counter-intuitively, look to be diminishing. An underwhelming COP28 would be a missed opportunity but it may not be a tragedy. Twenty or even 10 years ago, it was reasonable to hope a co-operative approach could address climate. But it is no longer a realistic expectation — nor the most promising route for progress.

From July 11-12, 2023, NATO leaders gathered in Vilnius, Lithuania for one of the most significant NATO summits in history. This timely brief by Eric Rosenbach, Grace Jones, and Olivia Leiwant serves as a background piece on Ukraine’s history with NATO, potential future pathways for accession, and the operational impact Ukraine’s NATO membership could have on the alliance.