Energy

253 Items

three workers install solar panels on roof of home

AP Photo/John Minchillo

Paper - Belfer Center for Science and International Affairs and the Mossavar-Rahmani Center for Business and Government

Financing Building Decarbonization: The Roles of Government and Private Sector Investors

    Authors:
  • Marco Fornara
  • Rushabh Sanghvi
| Jan. 22, 2024

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. 

Analysis & Opinions - Financial Times

China’s dominance of solar poses difficult choices for the west

| June 22, 2023

The geopolitical implications of solar displacing oil as the world’s major source of energy are enormous. Why has the Middle East been a central arena in the “great game” for the past century? Because countries there have been the major suppliers of the oil and gas that powered 20th-century economies. If, over the next decade, photovoltaic cells that capture energy from the sun were to replace a substantial part of the demand for oil and gas, who will the biggest losers be? And even more consequentially: who will be the biggest winner?

People inspect the wreckage of buildings that were damaged by Saudi-led coalition airstrikes, in Sanaa, Yemen, Tuesday, Jan. 18, 2022.

AP Photo/Hani Mohammed

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

Significance of the Iran-Saudi Arabia Agreement Brokered by China

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. 

On the hood of an electric car, California Gov. Gavin Newsom signs an executive order

The Sacramento Bee via AP, Pool, File/Daniel Kim

Analysis & Opinions - The Washington Post

Americans Agree with Their State and Local Officials on Climate Action

| July 26, 2022

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.

Wind Turbines and sailboats

Wikimedia CC/ http://www.cgpgrey.com

News - Harvard Project on Climate Agreements

Danish Climate Minister Lauds European Countries Vowing to Reduce their Dependency on Russian Gas During HPCA Virtual Forum

    Author:
  • Doug Gavel
| Apr. 11, 2022

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. 

President Joe Biden meets virtually with Chinese President Xi Jinping from the Roosevelt Room of the White House in Washington, Monday, Nov. 15, 2021.

AP Photo/Susan Walsh

- Belfer Center for Science and International Affairs, Harvard Kennedy School

The U.S.-China Future: Competition and Collaboration With a Rising China

| Fall 2021

Whether they regard it as competitive, cooperative, or confrontational, virtually all observers agree that the U.S.-China relationship is consequential. From cyber norms and AI to military tensions in the Taiwan Strait and the global struggle to turn the tide on climate change, how Washington and Beijing manage their shared future will shape the globe for decades to come. Through research and relationship-building, the Center is dedicated to helping the U.S. and China collaborate and compete without conflict.

Aerial view of Guangzhou-Huadu Plain and Mount Baiyun

Wikimedia CC/Pulsarwind

Discussion Paper - Harvard Project on Climate Agreements

The Guangdong Carbon Emissions Trading Scheme: Progress, Challenges and Trends

    Authors:
  • Zeng Xuelan
  • Li Weichi
  • Guo Xingyue
| June 2021

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.

Xie Zhenhua, China's Special Envoy for Climate Change, is seen on big screens as he speaks

AP/Ng Han Guan

Analysis & Opinions - Project Syndicate

The Logic of US-China Competition

| May 06, 2021

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.

A satellite view of the Baihetan Dam, under construction on the Jinsha River in Yunnan province, February 4, 2020.

CNES/Airbus, used with permission

Paper

China Trading Power: Improving Environmental and Economic Efficiency of Yunnan’s Electricity Market

| March 2021

In this report, we propose a market reform pathway for Yunnan that is both feasible and applicable to address some of these challenges immediately, while aiming for a standard design based on well-documented international experience. Our proposal includes at its heart a pay-for-performance monthly capacity auction that can help cover revenue deficiencies in the energy market. Building on international experience with capacity markets, this approach provides incentives for availability when generation is needed most and is compatible with the adoption of a single energy market for all electricity resources. Out-of-market payments to cover stranded costs of certain firms can thus be minimized. Finally, engaging consumers in both these energy and capacity markets can create high-powered incentives to shift consumption to low-cost months and hours, benefitting the entire province.

 Chinese structures and an airstrip on the man-made Subi Reef

Francis Malasig/Pool Photo via AP, File

Analysis & Opinions - Project Syndicate

What Could Cause a US-China War?

| Mar. 02, 2021

Thucydides attributed the war that ripped apart the ancient Greek world to two causes: the rise of Athenian power—and the fear that this created in the established power, Sparta. Joseph Nye advises that in order to prevent a new cold or hot war, the United States and China must avoid exaggerated fears and misperceptions about changing power relations.