Environment & Climate Change

Climate change is threatening the network of winter ice roads that connect Canada's remote Northern communities. Airships could provide a sustainable transportation alternative.

The behavior of EV users themselves could play a role in modulating electricity demand and providing needed flexibility in electric grids, said Christine Gschwendtner, Postdoctoral Research Fellow at Harvard Kennedy School’s Belfer Center, during an Energy Policy Seminar.

Surging demand and dizzying price hikes have raised concerns that inadequate metal and mineral supplies may impede the clean energy transition. Given the urgency of reducing fossil fuel use, the science and policy worlds must solve two main challenges: how to ensure the availability and affordability of critical metals in the quantities needed, and how to manage the environmental impacts related to mining and processing them. The latter issue is likely to be much trickier than the former, argue Henry Lee and Xin Sun.

Daniel Schrag argues that in order to reestablish the United States as a serious partner in addressing global climate change, the president must make good on the original standards of the Paris Agreement.

Joseph Aldy advocates for a carbon-price benchmark — which could be set initially at $50 per ton and rise over time — that would reflect the benefits of reducing the pollution causing climate change.

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

For decades, Singapore has been a premier refinery hub and gatekeeper between Asia and the Middle East, but its position is increasingly threatened as producer countries are shifting into the downstream activities that helped make Singapore the “Houston of Asia”. Oil and petrochemicals drive about one quarter of Singapore’s net exports. Greater competition in the global oil and gas value chain could take a heavy toll on the city-state’s national budget and economic growth prospects.

As part of a high profile tour of China in February, Saudi Arabia’s Crown Prince Mohammed Bin Salman (MBS) has overseen a range of multi-billion dollar pledges and MOUs with Beijing. This partly reflects Riyadh’s desire to diversify sources for investments and technology following the mass withdrawal of major Western business leaders from the Future Investment Initiative in October 2018, after the murder of Saudi Journalist Jamal Khashoggi in the Saudi Embassy in Istanbul. Yet cooperation with China on renewable energy, if successful, would realize a significant first step towards Saudi Arabia’s lofty ambitions for solar and wind power.