Environment & Climate Change

513 Items

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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.

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).

Xie Zhenhua, China's Special Envoy for Climate Change, is seen on big screens as he speaks

AP/Ng Han Guan

Analysis & Opinions - Project Syndicate

The Logic of US-China Competition

| May 06, 2021

The success of U.S. President Joe Biden's China policy will depend on whether the two powers can cooperate in producing global public goods, while competing in other areas. The U.S.-China relationship is a "cooperative rivalry," in which the terms of competition will require equal attention to both sides of the oxymoron.  Joseph Nye argues that it will not be easy.

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.

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Analysis & Opinions - Bloomberg Opinion

Pandemic Is Hurting, Not Helping, Green Energy

| Sep. 16, 2020

For most people, there was nothing to celebrate when the International Monetary Fund downgraded its outlook for global economic growth in June, anticipating a contraction of 4.9% for 2020. Yet for others, such as the small but persistent group of economists and others known as the degrowth movement,” the Covid-induced economic slowdown has a silver lining.