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201. World Oil Security On A Precipice

Author:
Charles F. Doran
Publication Date:
06-2020
Content Type:
Research Paper
Institution:
Brown Journal of World Affairs
Abstract:
By attacking a major Saudi oil facility at Abqaiq on 13 September 2019, Iran established a new norm regarding oil security. Now, no oil field, pipeline, refinery, supertanker, or port facility is free from internecine warfare between oil-producing (OPEC) governments. Ironically, in attempting to defend a country from supply interruption, the United States risks worsening the magnitude and scope of that supply interruption rather than preventing its occurrence. In the era of highly accurate drones and missiles, the old oil field motto “all oil comes from a single barrel” has taken on a newly negative connotation. World oil stability rests on a precipice. Both exporters and importers suffer from supply interruption, although perhaps not equally, universally, or simultaneously. Supply interruption may benefit those who have oil to sell through resultant oil price increases if their own exports have not been interrupted. The same cannot be said for buyers who, unless they are energy speculators on the futures market, ardently want to prevent supply interruption and the virtually certain subsequent (though sometimes not lasting) increase in price.
Topic:
Energy Policy, Environment, International Political Economy, Oil, OPEC, and Pipeline
Political Geography:
Saudi Arabia and Global Focus

202. Financial Innovation For Energy Innovation

Author:
Ashby Monk and Soh Young In
Publication Date:
06-2020
Content Type:
Research Paper
Institution:
Brown Journal of World Affairs
Abstract:
The move toward a global energy transition is underpinned by the collective need to limit the most severe impacts of climate change as well as to foster more sustainable economic growth. Floating photovoltaic power stations on Chinese lakes, integrated carbon capture technology on large-scale power plants in Canada, and decentralized urban wind turbines on Singaporean rooftops are just a few examples of how radical innovations in clean energy technology are fueling the global energy transition.1 Bringing cutting-edge technology from the lab to the global energy market requires a supportive ecosystem. Innovation must be matched by market readiness to adopt disruptive technologies, local capacities to scale up new energy projects, energy policies with climate objectives, technological development, and sufficient and “aligned” investment capital.
Topic:
Climate Change, Energy Policy, International Trade and Finance, Finance, Innovation, and Renewable Energy
Political Geography:
China, Canada, and Global Focus

203. In The Era Of U.S. Energy Abundance: The Role Of The Caspian Region In U.S. Policy

Author:
Brenda Shaffer
Publication Date:
06-2020
Content Type:
Research Paper
Institution:
Brown Journal of World Affairs
Abstract:
For most of the last fifty years, international energy policy has been a major focus of U.S. foreign and national security policy. Washington has viewed ensuring the energy security of its allies—especially in Europe, Japan, and South Korea—as part of its own national security. In this approach to energy policy, the United States was unique and contrasted with most Western countries, which generally treated energy policy as part of their economic and/or environmental policies. Washington has engaged in international energy policy on the highest executive levels in the White House and established influential units within cabinet departments and agencies to promote international energy policies and to integrate them with U.S. national security and foreign policies. Within the Department of State, successive special ambassadors were appointed to promote various international and regional energy policies and, in 2011, a full Bureau of Energy Resources was established.
Topic:
Foreign Policy, Energy Policy, Environment, Oil, and Natural Resources
Political Geography:
United States, Caspian Sea, and Global Focus

204. The Geopolitical Consequences of Oil in Africa: The Case of Nigeria

Author:
Cyril Obi
Publication Date:
06-2020
Content Type:
Research Paper
Institution:
Brown Journal of World Affairs
Abstract:
Oil endowment has been a significant factor in Africa’s history, politics, and development. The continent was positioned strategically following the global energy transition from coal to crude oil in the latter part of the nineteenth and early part of the twentieth centuries, which shaped the history of oil in Africa.1 Today, Africa’s oil reserves serve both as a supply of oil to the global market and as a node for the continued integration of the continent’s petro-economies into a volatile global oil market. However, the fortunes of Africa’s oil-producing states depend on a commodity whose price they do not determine, and they find themselves with limited options to collectively leverage their positions on the global stage.
Topic:
Energy Policy, Oil, and Geopolitics
Political Geography:
Africa and Nigeria

205. The Future of Carbon Offset Markets

Author:
Henry Lee and Abigail Mayer
Publication Date:
10-2020
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
Corporations, organizations, and even governments are purchasing offsets to reduce their carbon footprint. This policy brief provides an overview of the offset process – who buys them, who produces them, and who certifies them; describes the emerging challenges facing this market; and makes recommendations for the future.
Topic:
Climate Change, Energy Policy, Carbon Emissions, and Decarbonization
Political Geography:
Global Focus

206. China’s National Carbon Market: Paradox and Potential

Author:
Cecilia Springer
Publication Date:
12-2020
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
China announced it would launch a national carbon market in 2017, yet this policy is taking years to come into effect. What will it take for a carbon market to work in command-and-control China? This policy brief explores an understudied challenge—emissions accounting—and identifies potential opportunities that have arisen in the first phase of China’s national carbon market.
Topic:
Climate Change, Economics, Energy Policy, Environment, Natural Resources, and Carbon Emissions
Political Geography:
China and Asia-Pacific

207. Should Regulators Make Electric Utilities Pay Customers for Poor Reliability?

Author:
Shefali Khanna and Kevin Rowe
Publication Date:
06-2020
Content Type:
Policy Brief
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
In September 2017, the Delhi Electricity Regulatory Commission (DERC) required that the city’s regulated electricity distribution utilities pay compensation to customers experiencing power outages of three hours or longer. The measure was intended to incentivize the utilities to invest in the infrastructure and management practices needed to deliver higher levels of service quality. In 2019, India’s central government announced that it was considering rolling out a similar policy for utilities across the country. Can outage compensation policies help India’s power system achieve better reliability for all customers? This policy brief describes the persistent challenge of poor electricity reliability in India and how it interacts with key regulatory policies, analyzes Delhi’s experience with outage compensation since 2017, and highlights areas for additional economic and policy research on this topic.
Topic:
Energy Policy, Environment, Natural Resources, Infrastructure, Economic Policy, and Electricity
Political Geography:
South Asia, India, and Asia-Pacific

208. How a pinch analysis can help visualise emission cuts for transition economies

Author:
Dominic Foo, Raymond Tan, and Purusothmn Nair
Publication Date:
03-2020
Content Type:
Policy Brief
Institution:
Asia Research Institute, University of Nottingham
Abstract:
Policy makers should use the carbon emissions pinch analysis (CEPA) as a graphical technique to allow the energy-climate nexus to be analysed visually and easily. This will help decision makers achieve the emission cuts they need. We illustrate the usefulness of CEPA by applying it to the case of Malaysia as a representative for transition economies.
Topic:
Climate Change, Energy Policy, Sustainable Development Goals, Renewable Energy, Economic Development, Sustainability, and Carbon Emissions
Political Geography:
Malaysia

209. I Need You, I Don’t Need You: South Africa and Inga III

Author:
CIC Congo Research Group
Publication Date:
03-2020
Content Type:
Special Report
Institution:
Center on International Cooperation (CIC)
Abstract:
A new report from CIC’s Congo Research Group and Phuzumoya Consulting, I Need You, I Don’t Need You: South Africa and Inga III, places South Africa’s backing of Inga III in the context of its foreign policy. The report argues that South Africa’s current Inga policy is contradictory, oscillating between the desire to project an image of being a pan-Africanist power promoting the continent’s economic development, and the reality that committing to the project makes little financial or energy policy sense. A power purchasing agreement from South Africa is critical for the dam’s construction—but buying electricity from Inga III will be risky for South Africa, especially since it may end up being expensive than other sources. The resulting uncertainty about whether South Africa will ever really be an anchor client for Inga III thus puts into question the bankability—and indeed the feasibility—of the whole project.
Topic:
Energy Policy and Infrastructure
Political Geography:
Africa, South Africa, and Congo

210. Czech Perception of the EU Climate Policy

Author:
Vít Havelka
Publication Date:
09-2020
Content Type:
Special Report
Institution:
Europeum Institute for European Policy
Abstract:
The latest article from Vít Havelka aims to explain how the Czech population perceives the EU Climate Policy and especially the European Green Deal. Czechs are sceptical about European ability to influence global emissions. The common sentiment is that there is China, the US and India who produce larger amounts of global pollution, and thus even if Europe transformed into a climate-neutral economy, the process of climate change would continue more or less unabated.
Topic:
Climate Change, Energy Policy, Environment, and Public Opinion
Political Geography:
Europe and Czech Republic