Energy

The agreement to freeze production was geopolitical not economic, writes Meghan O’Sullivan in the Financial Times.

With a few exceptions, the consensus emerging from last week’s inconclusive Organization of Petroleum Exporting Countries meeting is that if OPEC is not dead, it is at least in a coma.  This may be a reasonable judgment based on the group’s ability to take collective action on a production cut to bolster the price of oil in the short run. 

Fears that events in Iraq will send global oil prices soaring have abated. Yet, the crisis has potentially huge implications for oil. Under any conceivable outcome to the current situation, oil production from Iraq will fail to meet recent expectations. The reason for this dire prognosis is that politics – not security or logistics – will be the biggest determinant of Iraq’s oil trajectory in the years ahead.

With a team of scientists, engineers, and political scientists, the Center’s Science, Technology, and Public Policy Program (STPP) and Energy Technology Innovation Policy group (ETIP) are tackling critical global issues related to energy challenges and water-energy connections. During the past few months, STPP/ETIP faculty, fellows, and visiting scholars have conducted research, made presentations, and held high-level discussions in the U.S., China, and the Gulf region.The work is a joint effort of STPP and the Belfer Center’s Environment and Natural Resources Program (ENRP) along with Harvard Kennedy School’s Sustainability Science Program.

Two years ago, Venkatesh (Venky) Narayanamurti and  Laura Diaz Anadon, director and associate director of the Belfer Center’s Science, Technology, and Public Policy program, set the stage for the Center’s energy research team to zero in on the challenges facing energy and the natural resource essential to it in many countries around the world—water. This article reviews some of their work to date.

The Spring 2011 issue of the Belfer Center newsletter features recent and upcoming activities, research, and analysis by members of the Center community on critical global issues. This issue highlights the Belfer Center’s continuing efforts to build bridges between the United States and Russia to prevent nuclear catastrophe – an effort that began in the 1950s. This issue also features three new books by Center faculty that sharpen global debate on critical issues: God’s Century, by Monica Duffy Toft, The New Harvest by Calestous Juma, and The Future of Power, by Joseph S. Nye.

The Winter 2010/11 issue of the Belfer Center newsletter features recent and upcoming activities, research, and analysis by members of the Center community on critical global issues. This issue highlights a major Belfer Center conference on technology and governance, the Center's involvement in the nuclear threat documentary Countdown to Zero, and a celebration of Belfer Center founder Paul Doty.