Energy

Decarbonizing existing buildings is a key component of greenhouse gas emission reduction strategies, but private investors have been slow to finance residential decarbonization projects because of a range of barriers. Authors Chang, Fornara, and Sanghvi argue that green banks could play a major role in unlocking public and private financing for projects that are currently financially unviable. 

Joshua Schwartz and Sabrina Arias write that although Congress seems unable to act, enough states, cities and counties are mobilizing to make a dent in U.S. carbon emissions. The states, cities, counties, and towns that have committed themselves to upholding the Paris agreement currently release a majority of U.S. carbon emissions. If they do manage to meet their targets, they can make a meaningful difference.

The Danish Minister of Climate, Energy, and Utilities expressed his hope that the tragic war in Ukraine will help accelerate the clean energy transformation by weaning Europe off Russian gas during a Virtual Forum (view recording here) last Friday (April 8). The event was hosted by the Harvard Project on Climate Agreements (HPCA) and moderated by Robert Stavins, HPCA Director and A.J. Meyer Professor of Energy and Economic Development. 

Paul Joskow, the Elizabeth and James Killian Professor of Economics emeritus at MIT and former President and CEO of the Alfred P. Sloan Foundation in New York City, shared his thoughts on U.S. regulatory economics and climate change policy in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.”

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Carbon capture, utilization, and storage (CCUS) is very likely to be a key technology for achieving the Biden administration's goal of net-zero greenhouse gas emissions by 2050. But absent regulation requiring its use, CCUS needs to become more economical in order for deployment in the United States to expand significantly.

Melissa Fleming, Under-Secretary-General for Global Communications at the United Nations, explains the challenges of her role in an era of profound political, social and digital fragmentation and polarization. Ms. Fleming outlines the new approach she is bringing to UN communications – one that aims not just to inform the public of what the UN does, but to engage them to care and mobilize them for action. She also explores the threats posed by misinformation, on COVID-19, climate change and so much more. Erika Manouselis, Research and Administrative Manager at the Future of Diplomacy Project, moderated this discussion.

Recap of James Snyder in Conversation event "Israel and the Middle East through a Literary Lens"

Recap of MEI event "UNRWA, Its Mandate, Successes, and Challenges"

Guangdong Province ranks first in economic output among China’s provinces and will play a major role in achieving China’s national climate-change goals. This paper examines the progress of Guangdong Province’s carbon dioxide emissions trading system (ETS) in reducing emissions; design features of the system; challenges it faces with regard to further development; and its relationship to China’s new national ETS.

The success of U.S. President Joe Biden's China policy will depend on whether the two powers can cooperate in producing global public goods, while competing in other areas. The U.S.-China relationship is a "cooperative rivalry," in which the terms of competition will require equal attention to both sides of the oxymoron.  Joseph Nye argues that it will not be easy.