OIL PRICES, ENERGY PRICES
May 2009
"Policy for Energy Technology Innovation"
Book Chapter
By Laura Diaz Anadon, Project Manager, Energy Research, Development, Demonstration & Deployment Policy Project, Energy Technology Innovation Policy research group and John P. Holdren, Director and Faculty Chair (on leave), Science, Technology and Public Policy Program
"The United States ought to be the leader of the world in the energy technology innovation that is needed. It has the largest economy, uses the most energy (and within that total the most oil), has made the largest cumulative contribution to the atmospheric buildup of fossil carbon dioxide that is the dominant driver of global climate change, has a large balance of payments stake in competitiveness in the global energy technology market as well as a large stake in the worldwide economic and security benefits of meeting global energy needs in affordable and sustainable ways, and possesses by many measures the most capable scientific and engineering workforce in the world. The actual performance of this country in energy-technology innovation, however, has been falling short by almost every measure...."
May 2009
"Oil Security and the Transportation Sector"
Book Chapter
By Henry Lee, Director, Environment and Natural Resources Program
"This chapter proposes to answer five fundamental questions: What exactly is the oil security problem, and how serious is it going forward? Why has it emerged at this point in time, and why has it been so difficult for the U.S. government to take the actions needed to mitigate it? Finally, what alternative policies are likely to be effective as the United States attempts to improve its oil security in the future?"
May 2009
"Acting in Time on Energy Policy"
Book Chapter
By Kelly Sims Gallagher, Senior Associate, Energy Technology Innovation Policy research group
"The book's title—Acting in Time—refers to the persistent problem in U.S. energy policy that typically just enough is done to satisfy the short-term political imperatives, but not enough is done to actually solve the underlying problems themselves. As a result, many of the fundamental economic, environmental, and security-related challenges arising from patterns of U.S. energy production and consumption have become more intractable. Some now approach a point of crisis."
May 2009
Acting in Time on Energy Policy
Book
By Kelly Sims Gallagher, Senior Associate, Energy Technology Innovation Policy research group
Energy policy is on everyone's mind these days. The U.S. presidential campaign focused on energy independence and exploration ("Drill, baby, drill!"), climate change, alternative fuels, even nuclear energy. But there is a serious problem endemic to America's energy challenges. Policymakers tend to do just enough to satisfy political demands but not enough to solve the real problems, and they wait too long to act. The resulting policies are overly reactive, enacted once damage is already done, and they are too often incomplete, incoherent, and ineffectual. Given the gravity of current economic, geopolitical, and environmental concerns, this is more unacceptable than ever. This important volume details this problem, making clear the unfortunate results of such short-sighted thinking, and it proposes measures to overcome this counterproductive tendency.
January 29, 2009
"Iran's Islamic Revolution and Its Future"
Journal Article, Viewpoints, The Iranian Revolution at 30 Special Edition
By Abbas Maleki, Former Senior Research Associate, International Security Program
"Regime sustainability despite different internal crises and foreign threats underlines the fact that Iran enjoys a relatively rational decision-making process. The central slogan of the Iranian Revolution was "Independence, Freedom, and Islamic Republic." Today, Iran is an independent state, as it does not belong to an Eastern or a Western bloc. Although the country has not realized its ambition of economic independence, the revolution has provided economic welfare. Rural development has improved people's lives by providing villages with water, electricity, and infrastructure. The essence of independence also
referred to the specific relations between the Iranian monarchy and the United States. The US-sponsored 1953 coup against the popular Muhammad Mosaddeq government made Iran an American client state, leading to Iranian dependence in all aspects."
January 28, 2009
"Economic Truth and Airport Parking Lots"
Op-Ed, Agence Global
By Rami Khouri, Senior Fellow, The Dubai Initiative
"The current economic recession is a moment that cries out for an Arab leader who can speak truthfully to his people on the issues of the day that really matter -- including how many abandoned cars may be parked at the airport."
December 22, 2008
"Arab Sovereignty and Sovereign Wealth Funds"
Op-Ed, Agence Global
By Rami Khouri, Senior Fellow, The Dubai Initiative
"This is a moment when some Arabs should be thinking more in terms of enhancing the wealth of their sovereignty, rather than merely bemoaning the erratic performance of their sovereign wealth."
November 18, 2008
"A Chapter For Detroit To Open"
Op-Ed, Washington Post
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
"The simplest solution is to allow GM and the others to file for bankruptcy. If the companies file under Chapter 11, they would be able to continue producing cars, and the workforce would remain employed while the firms reorganized. The firms would also be able to get short-term credit under bankruptcy protection."
October 8, 2008
"The High Cost of Incompetent Governance"
Op-Ed, Agence Global
By Rami Khouri, Senior Fellow, The Dubai Initiative
In times like this -- global economic crisis -- the dominance of exclusively oil-fueled economies in the Arab World expose a regional lack of competent governance.
September 18, 2008
The Power of Oil Consumers
Op-Ed
By Henry A. Kissinger and Martin Feldstein, George F. Baker Professor of Economics at Harvard University
The oil-consuming nations are in a position to shape both the global economic and political balance, provided they coordinate and, to some extent, pool their efforts. America should play a major role in this effort. Rather than wait passively for the next blow to fall, the major consuming nations -- the Group of Seven, together with India, China and Brazil -- should establish a coordinating group to shift the long-term trends of supply and demand in their favor and to end the blackmail of the strong by the weak.
