Environment & Climate Change

For many, integrating “decarbonization” into public policy, corporate and financial strategies has become a requirement, not an option — yet, what happens when the critical link between climate stability and decarbonization breaks?

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.

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.

Stephen Walt enumerates the challenges the U.S. president should prepare for in 2021.

Kelly Sims Gallagher asserts that politicians' pledges of dramatic long-term reductions should not let them off the hook for their failure to achieve more modest progress in the short term.

At the Arctic Frontiers 2021 conference, Joel Clement delivered the keynote address for the "Building the future" panel. His inspirational speech was an ode to empowering youth and building a resilient Arctic — and a reflection on the discussions of the 2020 Arctic Resilience Forum.

Guest Balsa Lubarda joins Right Rising to walk us through the basics of what scholars mean by "ideology" and how it relates to far-right ecologism. Along with host Augusta Dell'Omo, Balsa takes us on a deep dive into the world of what he calls "far-right ecologism." He explains how various ideological threads of the radical right, far right, and Christian ecology intersect in far-right ecologism. In today's discussion, Balsa and Augusta consider some of the implications of the growth of far-right ecologism for the environmental justice movement and national green parties.

The United States and United Kingdom have longstanding traditions in use of environmental benefit-cost analysis (E-BCA). While there are similarities between how E-BCA is utilized, there are significant differences too, many of which mirror ongoing debates and recent developments in the literature on environmental and natural resource economics. We review the use of E-BCA in both countries across three themes: (a) the role of long-term discounting; (b) the estimation and use of carbon valuation; and, (c) the estimation and use of the value of a statistical life. 

Fran Ulmer advocates for better U.S. federal Arctic coordination at home and abroad by detailing three steps that are a good first start.

Stephen Walt describes how the United States' rise was fueled by fortunate circumstances that seem unlikely to last much longer. He lists four reasons why the country's luck just might be running out.