Energy

Since the Paris Agreement's adoption in 2015, a majority of the world's largest investors have begun to take action on climate change. According to a new report, the 2016–2017 year showed an average improvement in decarbonization within all major investor categories except pension funds.

This paper is a background review representing part of the initial phase of the Financing the Urban Transition work program. The review builds on a growing body of research that highlights both the importance of national sustainable infrastructure and the need to develop more effective and efficient financing mechanisms for delivering compact, connected cities that meet the UN’s Sustainable Development Goals. While progress has been made in both these areas over the last five years, there remains a policy gap between the international/national level and the municipal level.

On 24 and 25 November 2016 experts from politics and academia, including FDP Executive director Cathryn Clüver, discussed the impact of Brexit on several policy areas in a series of workshops at the Hertie School of Governance in Berlin. All events took place under Chatham House rules.

In this report, American Nuclear Diplomacy: Forging a New Consensus to Fight Climate Change and Weapons Proliferation, Former Deputy Secretary of Energy and Belfer Center Senior Fellow Daniel Poneman writes that we face two existential threats: nuclear annihilation and catastrophic climate change. Each, he says, stems from human origins. Both must be fought aggressively.

"Multiple studies confirm the grim truth that, even if all nations fulfill their Paris Climate Agreement emissions pledges, the world will still far overshoot the 2°C warming limit scientists say we must not exceed to prevent devastating climate impacts. Carbon-free nuclear energy can help close the gap. But can we expand its environmental benefits without increasing the risks of nuclear terror?"

Poneman outlines a diplomatic strategy and tough-minded, bipartisan policies to get us there.

As India’s civilian nuclear energy program expands with the assistance of international nuclear suppliers, it creates new potential pathways to the acquisition of fissile material that could be diverted for military purposes. A key question is whether and how India’s civilian and military nuclear facilities are separated. In this discussion paper from the Belfer Center’s Project on Managing the Atom, Kalman A. Robertson and John Carlson argue that India has not established a complete and verifiable separation of its civilian and military nuclear programs. The authors recommend steps for India to take under its safeguards agreement with the International Atomic Energy Agency to provide assurances to all states that components of its civilian program are not contributing to the growth of its nuclear arsenal. These steps include renouncing options that would facilitate the use of safeguarded items to produce unsafeguarded nuclear material, and placing the proliferation-sensitive components of its nuclear power industry under continuous safeguards.

Based on satellite imagery, Chinese publications, and discussions with Chinese experts, This report suggests that China has much more civilian enrichment capacity than previously thought, and even more is on the way. If these new estimates are correct, China has enough enrichment capacity to meet its nuclear power fuel requirements for the coming decade and beyond. Further, China will have excess enrichment capacity and will likely become a net exporter of commercial enrichment services.

Official plans in China call for a three-fold increase in nuclear energy by 2020, and much more is under consideration for the coming decades. How will China get the uranium it needs to feed its ambitious nuclear energy plans for the coming decades? This report suggests that between domestic uranium mining, uranium purchased on the international market, and uranium mined by Chinese-owned companies overseas, the security of China’s uranium supply will not pose a challenge to China’s nuclear power development, even under the most ambitious scenarios for growth.