Energy

Belfer Center experts on the U.S.-China relationship and Middle East issues shared thoughts on the significance of the unexpected Iran-Saudi Arabia agreement brokered by China. 

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.

For an assessment of what was done, and left undone, at the recent United Nations’ Conference of the Parties on climate change, the Gazette spoke with Rob Stavins, the Harvard Kennedy School’s A.J. Meyer Professor of Energy and Economic Development and head of the Harvard Project on Climate Agreements, who attended his first COP in 2007 in Bali. 

Kelly Sims Gallagher asserts that politicians' pledges of dramatic long-term reductions should not let them off the hook for their failure to achieve more modest progress in the short term.

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

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.

Henry Kissinger warns that many existing domestic and international institutions that have helped govern the past decades will not survive the Covid-19 crisis. He is surely correct.

On November 19, 2019, the Belfer Center’s Economic Diplomacy Initiative hosted a national security crisis simulation in the JFK Jr. Forum to a packed audience from the Harvard and MIT communities. 

Drawing on the experience of Belfer Center members who have served in the highest levels of the U.S. government, the event explored the nexus of U.S. economic power and its national security interests.

Trump's critics say that lack of success means the president is going to the United Nations in a weakened position.