Energy

412 Items

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.

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?

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. 

Nnaemeka Ikegwuonu, Morgan Richmond, and Romi Bhatia speak on a panel

Adaobi Ezeokoli

Analysis & Opinions

Innovation Key to Nigerian Start-up to Keep Food Fresh

| Nov. 21, 2022

ColdHubs, an innovative Nigerian agricultural enterprise that uses solar-powered refrigerated storage units to keep food from spoiling, is slowly but surely expanding to nearby West African countries. But it faces big challenges to scale up and finance its operations, company founder and CEO Nnaemeka Ikegwuonu told a Harvard Kennedy School audience celebrating the 2022 Roy Award winner.

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.

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.