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111. Overcoming the Challenges to the Implementation of Green Chemistry

Author:
William C. Clark, Kira J. M. Matus, Paul T. Anastas, and Kai Itameri-Kinter
Publication Date:
06-2008
Content Type:
Working Paper
Institution:
Weatherhead Center for International Affairs, Harvard University
Abstract:
The Harvard-Yale-ACS GCI Green Chemistry Project is investigating the overall question of the circumstances under which firms can enact innovations that have both economic and environmental benefits, through a focused examination of the implementation of green chemistry. The research project has taken up three fundamental, interrelated questions: What factors act as barriers to the implementation of green chemistry? What actions can be taken by the government, academia, NGO's and industry that will help alleviate these factors? What are the policy implications of these barriers and potential actions, for all of the involved stakeholders?
Topic:
Climate Change, Energy Policy, Environment, and Science and Technology
Political Geography:
United States

112. The Case against Government Intervention in Energy Markets

Author:
Richard L. Gordon
Publication Date:
12-2008
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
Many politicians and pundits are panicked over the existing state of the oil and gasoline markets. Disregarding past experience, these parties advocate massive intervention in those markets, which would only serve to repeat and extend previous errors. These interventionists propose solutions to nonexistent problems.
Topic:
Energy Policy, Government, and Markets
Political Geography:
United States

113. U.S.-China Energy Security Cooperation Dialogue

Publication Date:
03-2008
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
The 2007 U.S.-China Energy Security Cooperation Dialogue was held in a period when a broad range of activities and policy recommendations have been proposed to address global energy security and environmental issues. The Dialogue identifi ed a number of further steps that China and the United States could cooperatively undertake to accelerate developments.
Topic:
Economics, Energy Policy, Environment, and Bilateral Relations
Political Geography:
United States, China, Asia, and North America

114. U.S.-China Cooperation on Clean and Efficient Transportation

Publication Date:
05-2008
Content Type:
Policy Brief
Institution:
Atlantic Council
Abstract:
Because of their significant contribution to global demand for improved living standards, meaningful actions by the United States and China on transportation and energy will be important in any effort to reduce global consumption of traditional energy sources. Together the United States and China consume 40% of the world's energy and are responsible for 50% of the world's greenhouse gas emissions. Given their economic size and impact on global markets, it is imperative that the U.S. and China join in a mutually beneficial process.
Topic:
Economics, Energy Policy, Environment, and Bilateral Relations
Political Geography:
United States, China, Asia, and North America

115. Do Energy Prices Respond to U.S. Macroeconomic News? A Test of the Hypothesis of Predetermined Energy Prices

Author:
Lutz Kilian and Clara Vega
Publication Date:
11-2008
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
Models that treat innovations to the price of energy as predetermined with respect to U.S. macroeconomic aggregates are widely used in the literature. For example, it is common to order energy prices first in recursively identified VAR models of the transmission of energy price shocks. Since exactly identifying assumptions are inherently untestable, this approach in practice has required an act of faith in the empirical plausibility of the delay restriction used for identification. An alternative view that would invalidate such models is that energy prices respond instantaneously to macroeconomic news, implying that energy prices should be ordered last in recursively identified VAR models. In this paper, we propose a formal test of the identifying assumption that energy prices are predetermined with respect to U.S. macroeconomic aggregates. Our test is based on regressing cumulative changes in daily energy prices on daily news from U.S. macroeconomic data releases. Using a wide range of macroeconomic news, we find no compelling evidence of feedback at daily or monthly horizons, contradicting the view that energy prices respond instantaneously to macroeconomic news and supporting the use of delay restrictions for identification.
Topic:
Economics, Energy Policy, Oil, and Macroeconomics
Political Geography:
United States and North America

116. Top Ten Global Economic Challenges - An Assessment of Global Risks and Priorities

Publication Date:
02-2007
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
The beginning of 2007 offers a conflicting picture of the global economy for those trying to discern trends, challenges and opportunities. Concerns about energy security and climate sustainability are converging — finally bringing consensus in sight on the need for action in the United States. But prospects for breaking the global stalemate are still years away. Though some developing countries are succeeding in bringing hundreds of millions out of poverty, too many are still mired in a doom spiral of conflict, poverty and disease— despite the entry of new philanthropists, advocates and global corporations into the field of development. China's projected 9.6 percent growth rate is sending ripples to the farthest reaches of the planet—creating opportunities but also significant risks. The United States remains in the “goldilocks” zone, but this is premised on continued borrowing from abroad at historically unprecedented rates while many Americans fret about widening inequality and narrowing opportunity. While the United States concentrates on civil war in the Middle East, most leaders in the region are preoccupied with putting an outsized cohort of young people to work and on the road to becoming productive citizens.
Topic:
International Relations, Security, Economics, and Energy Policy
Political Geography:
United States, China, and Middle East

117. How to Reduce Greenhouse Gas Emissions Now

Author:
Mary Graham and Elena Fagotto
Publication Date:
05-2007
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Support is growing in the 110th Congress for legislation to counter climate change. Yet action on any of the major cap-and-trade proposals will leave a critical policy gap. None of the proposed systems would take full effect for at least five years. Meanwhile, U.S. greenhouse gas emissions continue to increase and company executives are locking in future emissions as they finalize plans for new power plants, factories and cars. The Administration's latest climate action report, circulated in draft in March 2007, estimates that a 19 percent increase in U.S. emissions between 2000 and 2020 will contribute to persistent drought, coastal flooding and water shortages in many parts of the country and around the world. This policy brief proposes that Congress legislate product-by-product and factory-by-factory disclosure of greenhouse gas emissions to create immediate incentives for companies to cut those emissions. Labeling products and disclosing factory emissions would provide market benefits now by exposing inefficiencies and informing the choices of investors, business partners, employees and consumers and would give companies the information base they need to prepare for cap-and-trade regulation.
Topic:
Development, Energy Policy, Environment, and Science and Technology
Political Geography:
United States

118. PolicyWatch #1300: The Consequences of $100 Oil

Author:
Simon Henderson
Publication Date:
11-2007
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
Over the next few days, oil is likely to break the $100 per barrel mark -- a price that will further raise U.S. consumer costs and conflict with economic measures such as the October 31 interest rate cut. Ironically, good news, such as predictions of greater economic growth, is just as likely to push oil prices above $100 as bad news. In either case, the price spike means both continuing danger and new opportunities for U.S. policy in the Middle East.
Topic:
Energy Policy and Oil
Political Geography:
United States and Middle East

119. U.S. Energy Security and Oil Revenue Transparency

Publication Date:
05-2007
Content Type:
Working Paper
Institution:
The Wilson Center
Abstract:
A diverse set of panelists addressed the challenges and opportunities presented by the growing importance of energy security as a central element of the U.S. foreign policy debate. The first panel featured speakers from the non-profit, private and financial sectors discussing the links between U.S. energy security and oil revenue transparency. All panelists focused on how a lack of transparency in energy transactions can contribute to both national instability in oil-rich nations and energy insecurity in oil-importing countries. Revenue transparency was seen by all as a critical first step in combating corruption. Panelists also noted the importance of conceiving of transparency in the broadest terms, to encompass budget transparency, contract transparency, reserves transparency, and transparency of concessions.
Topic:
Foreign Policy, Energy Policy, International Political Economy, and Oil
Political Geography:
United States

120. Nuclear Energy: Balancing Benefits and Risks

Author:
Charles D. Ferguson
Publication Date:
04-2007
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
According to a prevailing belief, humanity confronts two stark risks: catastrophes caused by climate change and annihilation by nuclear war. The conventional wisdom also believes that the former danger appears far more certain than the latter. This assessment has recently led an increasing number of policymakers, pundits, businesspeople, and environmentalists to advocate a major expansion of nuclear energy, which emits very few greenhouse gases into the atmosphere. While acknowledging the connection between nuclear fuel making and nuclear bomb building, nuclear power proponents suggest that nuclear proliferation and terrorism risks are readily manageable. Consequently, some of these advocates favor the use of subsidies to stimulate substantial growth of nuclear power.
Topic:
Security, Energy Policy, Nuclear Weapons, and Science and Technology
Political Geography:
United States