Energy

We need to unite America’s “grassroots” with its “grasstops” — to awaken a broad climate change voting majority that not only includes young people with passion, but businesses, the military, labor, farmers, energy providers, and subject matter experts alike. Only by linking these disparate groups — then broadening the coalition even further to include global leaders and citizens everywhere — can we galvanize action, command accountability, and unleash a clean energy transformation that will mitigate climate change and assure economic progress at the same time.

The subtitle tells the story. In the early 2000s, many pundits and politicians talked up “peak oil”, “energy scarcity,” and all that. In a geological heartbeat later—about a decade—the world had entered an era of “energy abundance,” largely due to innovations that allowed producers to crack into shale formations to release massive new sources of oil and gas. The United States has gone furthest and fastest in fracking and is setting records for oil and gas production. For the US, says O’Sullivan, this has been an economic, strategic, and environmental game-changer. For the rest of the world, the effects are more differentiated but hardly less profound.

The subtitle tells the story. In the early 2000s, many pundits and politicians talked up “peak oil,” “energy scarcity,” and all that. In a geological heartbeat later—about a decade—the world had entered an era of “energy abundance,” largely due to innovations that allowed producers to crack into shale formations to release massive new sources of oil and gas. The United States has gone furthest and fastest in fracking and is setting records for oil and gas production. For the US, says O’Sullivan, this has been an economic, strategic, and environmental game-changer. For the rest of the world, the effects are more differentiated but hardly less profound.

Accelerating innovation in clean energy technologies is a policy priority for governments around the world aiming to mitigate climate change and to provide affordable energy. Most research has focused on the role of governments financing R&D and steering market demand, but there is a more limited understanding of the role of direct government interactions with startups across all sectors. The authors  propose and evaluate the value-creation mechanisms of network resources from different types of partners for startups, highlighting the unique resources of government partners for cleantech startups. 

As American and Chinese trade representatives continue to discuss the two countries’ ongoing trade war, the architects of Middle East’s ambitious renewable energy policies are watching closely for opportunities to expand their burgeoning green industries. Regional leaders from across industry, government, and academia have recently gathered at the World Future Energy Summit and the Jubail Energy Management Conference, and the trade war has been high on the agenda.

Last May, Chinese solar panel manufacturer LONGi signed an agreement with Saudi trading company El Seif Group to establish large-scale solar manufacturing infrastructure in Saudi Arabia. The deal came several months after the Trump administration's imposition of global tariffs on imports of Chinese solar panels and cells.

To address emissions, the electric grid would need to eliminate fossil fuels and the petrochemical industry would need to reverse its explosive growth.

Professor Venkatesh "Venky" Narayanamurti is the Benjamin Peirce Research Professor of Technology and Public Policy at Harvard University, former dean of the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS), and former director of the Belfer Center's Science, Technology, and Public Policy Program. The award is one of the highest honors given by the National Academy of Engineering, and recognizes an engineer who has shown dedication in science and technology as well as active involvement in determining U.S. science and technology policy.