Energy

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Analysis & Opinions - Bloomberg Opinion

Russia’s Oil Weapon May Be More Potent Than Gas Blackmail

| Jan. 28, 2022

Russian military action in Ukraine could trigger an energy crisis even more serious than the one already hitting Europe. As has been pointed out, should the West hit Russia with severe new sanctions, President Vladimir Putin could cut off natural gas exports, leaving the continent shivering through midwinter. Yet there is another potential weapon of Russia’s that’s been less discussed and might be very effective: An ability to disrupt global oil markets, which would directly hit U.S. consumers.

Sen. Lisa Murkowski, R-Alaska., speaks during a Senate Committee on Energy and Natural Resources hearing

Pool via AP/Leigh Vogel

Analysis & Opinions - The Hill

Why Biden's Interior Department isn't Shutting Down Oil and Gas

| July 23, 2021

Joel Clement describes the influence of U.S. Senators Lisa Murkowski and Joe Manchin over the Department of the Interior and advises that a forward-looking legislator in a fossil-fuel state would be wise to fight aggressively for financial commitments to make the people in their state part of the vanguard of the new clean energy economy, rather than set back the U.S. economy by fighting the inevitable energy transition itself.

Blog Post - Views on the Economy and the World

What Three Economists Taught Us About Currency Arrangements

| Apr. 29, 2021

A generation of great international economists is passing from the scene.  Richard Cooper died on December 23. An American, he was teaching his classes at Harvard until the very end. Robert Mundell, passed away on April 4.  Originally Canadian, he was a winner of the Nobel Prize in economics.  And John Williamson, on April 11. Originally British, he had been the first scholar hired by the Peterson Institute for International Economics.

Oil and gas drilling rig

Flickr CC/Mark Watson

Analysis & Opinions - Union of Concerned Scientists

Fossil Fuels and Public Lands: How the US Interior Department Can Act on Climate Right Now

| Apr. 06, 2021

Joel Clement describes some immediate opportunities—and emphasize specific recommendations—to establish the Interior Department as a purposeful catalyst for a fair and just transition to clean energy, healthy ecosystems, and thriving communities.

Audio - Harvard Environmental Economics Program

Climate and Environmental Policy in the Biden Administration: A Conversation with Richard Revesz

| Jan. 05, 2021

Richard Revesz, the Lawrence King Professor of Law at New York University and co-founder of the Institute for Policy Integrity, shared his thoughts on how the transition to a new presidential administration later this month will impact U.S. environmental and climate change policy in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.