Environment & Climate Change

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

Divestment Debate: Should Harvard Divest from Fossil Fuels?

| May 8, 2015

Should Harvard divest its financial holdings in fossil fuel companies to help address the climate change crisis? In the first Kennedy School public debate on this controversial issue, two prominent Harvard professors recently addressed that question, presenting arguments for and against joining the global divestment campaign.

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

Falling Short: A Reality Check for Global LNG Exports

| December 19, 2014

In 2012, when many energy experts argued that oil production had peaked, Leonardo Maugeri published “Oil: The Next Revolution,” which forecast a glut of oil and collapsing prices in the next several years. His prediction proved prescient. Now, as analysts look past today’s oil-market drama to a near future of robust liquefied natural gas exports, Maugeri is again challenging conventional wisdom. The long-hoped-for and hyped-up gas market, he concludes, will disappoint.

“Falling Short: A Reality Check for Global LNG Exports” details the new findings by Maugeri, a former oil industry executive who is now an associate with the Geopolitics of Energy project at Harvard Kennedy School’s Belfer Center for Science and International Affairs.

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

Putting a Price on Nature

| October 10, 2013

Planting a forest to improve air quality may prove to be as cost-effective as expensive new pollution control equipment, according to preliminary results from a novel experiment at a Freeport, Texas chemical plant. Officials involved in the study say this innovative approach could become a test case before the federal Environmental Protection Agency, which has identified reforestation as a potential air quality improvement strategy.

Leaders of an unusual collaboration between The Nature Conservancy, the world's largest conservation group, and the Dow Chemical Company, a Fortune 100 corporation, told a Harvard Kennedy School (HKS) audience this week that they were encouraged by initial findings validating a dollars-and-cents approach to valuing nature that may help businesses with their bottom line while improving the environment in local communities.

The Shale Oil Boom: A U.S. Phenomenon

AP Images

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

The Shale Oil Boom: A U.S. Phenomenon

| June 2013

A study just released by Belfer Center researcher Leonardo Maugeri finds that the shale oil revolution taking place in the United States could result in the tripling of shale oil output to five million barrels a day by 2017, likely making the U.S. the top oil producer in the world in just a few years. The study by Maugeri, a Roy Family Fellow working with the Belfer Center's Geopolitics of Energy project, looked at whether the surge in shale oil production is just a temporary bubble or an event capable of significantly altering the U.S.—and possibly global—energy outlook.

An Iraqi worker operates valves at the Nahran Omar oil refinery near Basra, Iraq.

AP Photo/Nabil al-Jurani, File

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

Oil: The Next Revolution

| June 2012

A new study by Belfer Center Geopolitics of Energy researcher Leonardo Maugeri finds that oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity is likely to grow by nearly 20 percent by 2020.  This could prompt a plunge or even a collapse in oil prices.  The findings by Maugeri, a former oil industry executive who is now a fellow at Harvard Kennedy School’s Belfer Center, are based on an original field-by-field analysis of the world’s major oil formations and exploration projects.