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Begin New Search Political Geography Global Focus Author Jason Bordoff

1. Sorry, but the Virus Shows Why There Won’t Be Global Action on Climate Change

Author:
Jason Bordoff
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
The COVID-19 pandemic has disrupted daily life, caused widespread sickness and fatalities, and sent the global economy careening toward a depression. Governments have responded by taking unprecedented steps to shut down entire cities, ban travel, and isolate nations—extreme measures that are giving hope to climate activists that similarly ambitious policies might be possible to address global warming, which many consider a similar existential threat. Yet that would be the wrong lesson to draw, as the very same barriers preventing an effective COVID-19 response continue to keep climate change action out of reach. Scientists warn that the impacts of COVID-19 will rise sharply over time, threatening the lives of vast numbers of people, particularly those most vulnerable. They warn that climate change, too, will severely harm many over time, albeit not with the same rapidity. If governments and companies can take extreme actions to cancel sports seasons, shut down workplaces, and restrict movement, surely they can take similarly drastic steps to change how we produce and consume energy?
Topic:
Climate Change, Environment, Public Health, Pandemic, and COVID-19
Political Geography:
Global Focus

2. New Realities, New Risks: Rethinking the Strategic Petroleum Reserve

Author:
Jason Bordoff, Antoine Halff, and Akos Losz
Publication Date:
07-2018
Content Type:
Special Report
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
The last few years have offered a reminder, if any was needed, that oil markets are no stranger to volatility. From OPEC’s reported demise to OPEC’s resurgence, the rapid fall and rise again of US shale, and the ebb and flow of geopolitical risk, oil has been on a rocky ride. After industry leaders and experts declared that the days of cheap oil were over—“$100 per barrel is becoming the new $20,” explained one top oil CEO in 2014[1]—consensus shifted to a view that oil prices would remain “lower for longer”[2] before sharply rising again in the last few months. Each day brings yet another reminder of risks to oil prices, with oil markets tight, OPEC nations signaling they intend to continue supporting prices beyond $80 per barrel, President Trump canceling the Iran nuclear deal, Venezuelan production in freefall, and geopolitical risks rife from Syria to Libya and beyond.
Topic:
Energy Policy, Oil, and International Affairs
Political Geography:
Global Focus

3. Making Sense of the Trump Administration's Fuel Economy Standard Rollback

Author:
Jason Bordoff, Akos Losz, and Aaron Linn
Publication Date:
06-2018
Content Type:
Special Report
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
On April 2, 2018, the EPA announced that planned fuel economy increases for cars and light trucks in model years 2022–2025 are too stringent and should be revised.[2] The EPA thus initiated a process to set new standards for 2022–2025, in partnership with the NHTSA. The standards were a central part of the Obama administration’s efforts to reduce US greenhouse gas emissions. The move to weaken the standards has been sharply criticized by many environmental groups, policymakers, and others. Supporters of the current standards argue that the standards would substantially reduce emissions at a modest cost. But the standards have been highly controversial, and the move has also received a great deal of praise from other groups. Supporters of weakening the standards—including those in the Trump administration—argue that the current standards would be excessively costly to consumers and automakers, while providing little or no benefit to the public. Many analyses have proclaimed that this announcement would have profound effects on consumers, oil consumption, oil imports, and greenhouse gas emissions. One think tank, for example, told the Financial Times that US oil consumption, which was nearly 20 million barrels per day (bpd) in 2017, would be 1.5 million bpd higher in 2025 if the 2022–2025 fuel economy standards were rolled back
Topic:
Energy Policy, International Political Economy, and International Affairs
Political Geography:
Global Focus

4. US Carbon Tax Design: Options and Implications

Author:
Jason Bordoff and John Larsen
Publication Date:
01-2018
Content Type:
Special Report
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
While there seem to be no immediate prospects for a national carbon tax in the United States, there is growing interest among some policymakers and thought leaders across the political spectrum. If and when a legislative opening emerges in the coming years, policymakers will need to grapple with a range of important design issues that will determine the effectiveness of a carbon tax in reducing carbon emissions.
Topic:
Energy Policy, International Affairs, and Climate Finance
Political Geography:
Global Focus