Environment & Climate Change

80 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.

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.

Electricians install solar panels.

AP/Mary Altaffer

Report Chapter - Brookings Institution

Mexico’s Energy Reforms: A Blow to Realizing the Most Competitive and Dynamic Region in the World

| Feb. 28, 2022

In late 2017, Mexico made headlines as Italian company Enel bid what was then a world-record low price for renewable energy in the country’s third such energy auction. This development was possible due to the historical and sweeping energy reforms passed with broad support in Mexico in 2013. Then-President Enrique Peña Nieto had succeeded where previous Mexican presidents had failed, reversing decades of resource nationalism and overhauling the energy sector through constitutional reforms that gave the private sector a larger role and advantaged renewable energy in Mexico’s economy. The 2017 auction seemed to indicate Mexico’s bright future not only as a conventional oil producer, but also as a clean energy power.

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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.

Audio - Resources Radio

When Will the Sun Set on Fossil Fuel Subsidies?

| Sep. 07, 2021

Joseph Aldy describes the challenge of reforming fossil fuel subsidies, given uncertainty about how much subsidies actually cost governments and given provisions in the US tax code that privilege fossil fuels over renewable energy sources. Aldy also elaborates on some policies that the Biden administration—which has committed to removing fossil fuel subsidies—could target as policymakers develop infrastructure legislation.

President-elect Joe Biden and his climate envoy, John Kerry, at The Queen theater.

Carolyn Kaster/AP

Analysis & Opinions - Bloomberg Opinion

What Does Success Look Like for a Climate Czar?

| Dec. 02, 2020

President-elect Joe Biden’s decision to create a new cabinet-level position for climate-related issues — and to choose so prominent a figure as former Secretary of State John Kerry to fill it — demonstrates Biden’s sincerity over putting climate at the very center of U.S. foreign policy. It is easy to understate the importance of this appointment, given the flurry of czars created by most new administrations.

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Analysis & Opinions - Bloomberg Opinion

After Oil: Throwing Money at Green Energy Isn’t Enough

| Sep. 17, 2020

The geopolitical and geo-economic forces wrought by the coronavirus pandemic, as examined previously in this series, are likely to slow the transition to a more sustainable global energy mix. Fortunately, the pandemic has also resulted in governments gaining vastly greater influence over whether this shift stalls or accelerates.