Environment & Climate Change

169 Items

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.

Sequoyah Nuclear Power Plant near Chattanooga, Tennessee.

Photorush/Wikimedia Commons

Journal Article - Nature Energy

Increase in Frequency of Nuclear Power Outages Due to Changing Climate

| July 05, 2021

Climate-related changes have already affected operating conditions for different types of energy system, in particular power plants. With more than three decades of data on changing climate, we are now in a position to empirically assess the impact of climate change on power plant operations. Such empirical assessments can provide an additional measure of the resilience of power plants going forward. Here I analyse climate-linked outages in nuclear power plants over the past three decades. My assessment shows that the average frequency of climate-induced disruptions has dramatically increased from 0.2 outage per reactor-year in the 1990s to 1.5 in the past decade. Based on the projections for adopted climate scenarios, the average annual energy loss of the global nuclear fleet is estimated to range between 0.8% and 1.4% in the mid-term (2046–2065) and 1.4% and 2.4% in the long term (2081–2100).

Uncovering the Domestic Factor in the Sino-Russian Energy Partnership

World Bank Photo Collection/Flikr

Journal Article - Geopolitics

Uncovering the Domestic Factor in the Sino-Russian Energy Partnership

| Oct. 15, 2018

The article outlines the role of national narratives in driving both Russia and China’s energy foreign policy and goes on to argue that the Sino-Russian gas breakthrough in 2014 was due to the peculiar way in which domestic factors paired with international circumstances to produce the outcome at that particular moment.

 Beaver Valley Nuclear Power Plant

United States Nuclear Regulatory Commission

Journal Article - Proceedings of the National Academy of Sciences of the United States of America

US Nuclear Power: The Vanishing Low-carbon Wedge

    Authors:
  • M. Granger Morgan
  • Ahmed Abdulla
  • Michael Rath
| July 10, 2018

Nuclear power holds the potential to make a significant contribution to decarbonizing the US energy system. Whether it could do so in its current form is a critical question: Existing large light water reactors in the United States are under economic pressure from low natural gas prices, and some have already closed. Moreover, because of their great cost and complexity, it appears most unlikely that any new large plants will be built over the next several decades. While advanced reactor designs are sometimes held up as a potential solution to nuclear power's challenges, the authors' assessment of the advanced fission enterprise suggests that no US design will be commercialized before midcentury. That leaves factory-manufactured, light water small modular reactors (SMRs) as the only option that might be deployed at significant scale in the climate-critical period of the next several decades.

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Journal Article - Middle East Institute

Sovereign Wealth Funds in Small Open Economies

| Apr. 24, 2018

The small open economies of the Gulf and Southeast Asia are pioneers in the establishment of

Sovereign Wealth Funds (SWFs). The SWFs of countries like Qatar and Singapore are among the

world’s largest in terms of total asset size relative to Gross Domestic Product. This article looks

at the different compulsions behind the setting up of SWFs by small open economies.

 

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Journal Article - Global Policy

The Case for Economic Development Through Sovereign Investment: A Paradox of Scarcity?

| Apr. 14, 2018

Sovereign wealth funds (SWFs) have traditionally been created to recycle excess reserves from natural resource or non‐commodity revenues. However, in recent years funds are being established under conditions of capital scarcity with objectives to contribute domestic economic development, often through the buildout of national infrastructure programs. Such trends in new fund creation represent a fundamental shift in the sovereign wealth fund paradigm and raise serious questions about how these entities are to be capitalized and also the implications of capitalization models on their sustainability. This study examines the recent evolution of SWF models focused on economic development. Its analytic focus is drawn, in particular, to countries that are neither endowed with oil wealth, nor otherwise enjoy export surpluses to be used to capitalize a development‐oriented SWF. While this study is relevant to and expands the scope of the broad literature on SWFs, its specific contribution is as a focused analysis of how SWF funding sources impact achieving long‐term financial and socio‐economic development objectives.

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Magazine Article - Forbes

U.S. Ambassador To India Richard Verma Leaves A Lasting Legacy To Follow

| Feb. 03, 2017

Richard Verma’s two-year tenure as U.S. Ambassador to India concluded last month with the new incoming presidential administration. During his time in New Delhi, Verma established himself as one of the most consequential envoys to ever occupy the prestigious post once held by such foreign policy legends as John Kenneth Galbraith and Frank Wisner. The first Indian American to serve in the role, Verma leaves behind a far-reaching legacy. He raised the U.S-India strategic partnership to unparalleled heights in virtually every arena of bilateral cooperation while serving as a skilled and talented public diplomat.

Earth at night, 2012. People around the world depend upon electric lighting. Generating electricity using increased amounts of non-fossil fuels is critical to slowing climate change.

USA.gov

Journal Article - Ecological Economics

Using Inclusive Wealth for Policy Evaluation: Application to Electricity Infrastructure Planning in Oil-Exporting Countries

| 2017

Decision-makers often seek to design policies that support sustainable development. Prospective evaluations of how effectively such policies are likely to meet sustainability goals have nonetheless remained relatively challenging. Evaluating policies against sustainability goals can be facilitated through the inclusive wealth framework, which characterizes development in terms of the value to society of its underlying capital assets, and defines development to be potentially sustainable if that value does not decline over time.

A rural stove using biomass cakes, fuelwood and trash as cooking fuel... It is a major source of air pollution in India, and produces smoke and numerous indoor air pollutants at concentrations 5 times higher than coal.

Wikipedia

Journal Article - Nature Energy

Energy decisions reframed as justice and ethical concerns

| 6 May 2016

Many energy consumers, and even analysts and policymakers, confront and frame energy and climate risks in a moral vacuum, rarely incorporating broader social justice concerns. Here, to remedy this gap, we investigate how concepts from justice and ethics can inform energy decision-making by reframing five energy problems — nuclear waste, involuntary resettlement, energy pollution, energy poverty and climate change — as pressing justice concerns.

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Journal Article - Climatic Change

Expert Views — and Disagreements — About the Potential of Energy Technology R&D

| June 2016

In order to make R&D funding decisions to meet particular goals, such as mitigating climate change or improving energy security, or to estimate the social returns to R&D, policy makers need to combine the information provided in this study on cost reduction potentials with an analysis of the macroeconomic implications of these technological changes. The authors conclude with recommendations for future directions on energy expert elicitations.