Energy

In The Next Great Emerging Market? Capitalizing on North America’s Four Interlocking Revolutions, Gen. (Ret.) David H. Petraeus and Paras D. Bhayani explain why North American market integration and  leadership in energy, manufacturing, life sciences, and information technology could drive substantial economic growth. But they warn that Washington must turn today’s policy headwinds into policy tailwinds to capitalize fully on these trends.

In a discussion paper released by Harvard University's Sustainability Science Program and the Belfer Center's Environment and Natural Resources Program at the Harvard Kennedy School, Ricardo Hausmann and Rodrigo Wagner lay out five organizing principles for maximizing the development impact of a global biofuel market.

A disproportionately large amount of the world's agronomic potential for the production of bio-ethanol is concentrated in a subset of developing countries. To develop that potential, countries need both the existence of an appropriate local business ecosystem and reliable global demand. The creation of a global market for green biofuels, however, is affected by a constellation of diverse and sometimes conflicting policy goals, which tend to complicate policy discussion. In this paper we compile a set of principles to guide the design of a global market for green biofuels.

The purpose of this volume is to present possible scenarios for the biofuels industry. Each chapter describes how the sector could evolve depending on the policy and strategies that individual countries may select. However, the assumption is that individual choices may have global impacts. Each scenario therefore tries to provide insights on the global economic, energetic, environmental and trade repercussions of specific policy developments.

"Chapter III analysed the commercial viability of second generation biofuels. This chapter focuses on related intellectual property rights (IPRs) aspects. Three hypothetical scenarios in the context of the intellectual property protection of second generation biofuels are developed, with each scenario representing a different level of strictness of protection. Therefore, each scenario translates into a different level of potential access to advanced biofuel technologies by developing countries."

This paper addresses two key questions: What is the economic potential of biofuel development in India? And what are the obstacles to this development? It traces the economics at each stage in the production chain – from harvesting to processing to transportation; provides an overview of the industry’s economics and details the requirements at each stage of the value chain for the industry to reach its potential; and shows how the vegetable oil biofuels sector can provide substantial benefits to the rural poor in India while addressing the risks and threats of the biofuel industry development.

This article examines the legal and political impediments to the Kurdish Regional Government's (KRG) exploration and production contracts, which the central government in Baghdad has refused to recognize. The newly established Iraqi national constitution significantly opened as many petroleum-control questions as it resolved. Negotiated in 2005, the constitution not only separated branches of government, but established Federalism as its lodestar. When faced with unresolved issues over regional and national control over petroleum resources, however, International Oil Companies (IOCs) function in an ambiguous legal environment that fails to clearly distinguish between federal and regional powers.

While oil discovery brought revenue to Dubai and would change the city's physiognomy, moving it beyond the initial three settlements along the creek, it is clear that Dubai's status as a dynamic entrepôt for international trade and transshipment, its foundational infrastructure projects, and its "free port" policies to attract merchant communities from throughout the Gulf and the Indian Ocean, along with licit and illicit trade for re-export to Persia/Iran and India, were solidly established before "black gold" was struck in Fateh field.