Energy

409 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. 

From left, British Prime Minister Rishi Sunak, European Commission President Ursula von der Leyen, Canadian Prime Minister Justin Trudeau, U.S. President Joe Biden, Japan's Prime Minister Fumio Kishida, Italian Premier Giorgia Meloni, European Council President Charles Michel, French President Emmanuel Macron and German Chancellor Olaf Scholz walk to get into place to participate in a wreath laying ceremony at the Peace Memorial Park as part of the G7 Hiroshima Summit in Hiroshima, May 19, 2023.

(Kenny Holston/Pool Photo via AP)

Analysis & Opinions - Barron's

Climate Policies Are Becoming a Casualty of High Oil Prices

| Oct. 18, 2023

Oil prices have been persistently high over the past two years , at times breaking above $120 a barrel. According to economic theory, that should be good news for climate change. But the political reality is more complicated. Climate policies are increasingly the casualties of high oil prices.

silhouetted oil rigs against blue background

Harvard Gazette

Newspaper Article - Harvard Gazette

Energy Agency Says Global Thirst for Oil Finally May Be Topping Out

    Author:
  • Alvin Powell
| July 11, 2023

The International Energy Agency predicted last month that demand for global oil for transport will peak around 2026, plateau for all uses by 2028, and possibly hit a zenith by the end of the decade. Harvard experts say the forecasts track with what’s going on in the developed world, but the energy needs of less-wealthy nations pressing to develop their economies could foil expectations for years to come.

Panelists on stage during hydrogen discussion at Rome Med 2022

Rome MED – Mediterranean Dialogue

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

Is Hydrogen Our Future?

On December 3, 2022, Nicola De Blasio, Senior Fellow with the Belfer Center’s Environment and Natural Resources Program (ENRP), chaired a panel discussion, “Is Hydrogen Our Future?,” at the Rome MED – Mediterranean Dialogue (Rome MED), an annual high-level conference on Mediterranean geopolitics. The panel discussion was part of ENRP’s Future of Hydrogen project’s ongoing engagement with global policymakers, who are increasingly viewing hydrogen as a solution to meeting their decarbonization and energy security goals. 

An oil tanker is moored at the Sheskharis complex, part of Chernomortransneft JSC, a subsidiary of Transneft PJSC, in Novorossiysk, Russia

AP Photo, File

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

The Price Cap on Russian Oil Exports, Explained

| Dec. 05, 2022

The price cap on Russian oil implemented today by the G7 countries plus Australia represents a novel approach to sanctions. The policy is designed to reduce Russian fossil fuel revenues while keeping Russian oil on the market. In this brief, Catherine Wolfram, Simon Johnson, and Łukasz Rachel explain the basic economic principles at work and discuss some of the critiques of the price cap. 

An oil tanker is moored at the Sheskharis complex, part of Chernomortransneft JSC, a subsidiary of Transneft PJSC, in Novorossiysk, Russia,

AP Photo, File

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

Price Cap on Russian Oil a ‘Novel Approach to Sanctions’, Says New Policy Brief

| Dec. 05, 2022

The price cap on Russian oil implemented today by the G7 countries plus Australia represents a novel approach to sanctions, according to a policy brief authored by Catherine Wolfram, Simon Johnson, and Łukasz Rachel and released today by Harvard Kennedy School’s Belfer Center for Science and International Affairs and the Mossavar-Rahmani Center for Business and Government. 

pipes

LoggaWiggler/Pixabay

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

MIGHTY: Model of International Green Hydrogen Trade

| Aug. 03, 2022

The Model of International Green Hydrogen Trade (MIGHTY) is an optimization model to investigate renewable hydrogen production, consumption, and trade between countries. MIGHTY supports strategic analysis by policymakers and investors about the potential roles that countries and regions will play in future renewable hydrogen markets. This paper introduces the model and describes the model formulation.

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.

Photo of test engineer Jacob Wilcox pulling his arm out of a glove box used for processing sodium at TerraPower, a company developing and building small nuclear reactors on Jan.

AP Photo/Elaine Thompson, File

Analysis & Opinions - Foreign Policy

By Not Acting on Climate, Congress Endangers U.S. National Security

| July 21, 2022

Last week, U.S. Sen. Joe Manchin seemingly dashed Democrats’ hopes for congressional action to slow climate change. Sen. Bernie Sanders accused Manchin of “sabotag[ing] the president’s agenda”; Rep. John Yarmuth, when asked about the consequences of Congress not acting on climate change, said, “We’re all going to die”; and climate activists, as well as some Democrats in Congress, wondered if Manchin should be removed as chair of the Senate Energy and Natural Resources Committee.