OIL PRICES, ENERGY PRICES
November, 2009
Securing the Peace: The Battle over Ethnicity and Energy in Modern Iraq
Working Paper
By Justin Dargin, Former Associate, The Dubai Initiative
This article examines the legal and political impediments to the Kurdish Regional Government's (KRG) exploration and production contracts, which the central government in Baghdad has refused to recognize. The newly established Iraqi national constitution significantly opened as many petroleum-control questions as it resolved. Negotiated in 2005, the constitution not only separated branches of government, but established Federalism as its lodestar. When faced with unresolved issues over regional and national control over petroleum resources, however, International Oil Companies (IOCs) function in an ambiguous legal environment that fails to clearly distinguish between federal and regional powers.
July 29, 2008
New Report from Harvard Kennedy School Researchers Calls for Changes to Biofuels Incentives
News
By Henry Lee, Director, Environment and Natural Resources Program, William Clark, Harvey Brooks Professor of International Science, Public Policy, and Human Development; Co-director, Sustainability Science Program; Faculty Chair, ENRP and Charan Devereaux
Despite pressure from biofuel critics, governments should avoid simplistic and precipitous changes in course such as rollback or moratoria on existing biofuels mandates or incentives, according to a new report from three Harvard Kennedy School researchers. Instead, the researchers urge governments to initiate an orderly, innovation-enhancing transition towards incentives targeted on multi-dimensional goals for biofuels development.
November, 2009
Export Control Development in the United Arab Emirates: From Commitments to Compliance
Policy Brief
By Bryan Early, Former Research Fellow 2008-2009, The Dubai Initiative
The swiftness with which the United Arab Emirates (UAE) has launched its civil nuclear program presents a number of challenges for policymakers in seeking to ensure the program's safety and security. At the onset of its efforts, the UAE government consulted with a set of the world's leading nuclear suppliers to develop a framework that would help its nuclear program conform to the highest standards in terms of safety, security, and nonproliferation. The UAE drew on these consultations in making a sweeping set of international commitments in April 2008 to ensure that the sensitive nuclear materials and technologies it would acquire as part of its nuclear program would be securely controlled.1 While the UAE has been widely praised for the depth and breadth of the nonproliferation commitments it has made, it will be the UAE's efficacy at complying with them by which its success will be judged.
www.trade.gov
August 2012
"Natural Gas Development in Kurdistan: A Financial Assessment"
Paper
By Stephen A. Elliott and Louis B. Beryl
This report summarizes the context of natural gas development in the Iraqi Kurdistan Region (Kurdistan), assesses the major risk factors and opportunities, and presents a financial model for natural gas development projects.
AP Photo
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."
AP Photo
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.
February 3, 2006
America Will Fall Harder if Oil Prices Rise Again
Op-Ed, Financial Times
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
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.
AP Photo
June 2008
"Analysis of Policies to Reduce Oil Consumption and Greenhouse-Gas Emissions from the U.S. Transportation Sector"
Discussion Paper
By Kelly Sims Gallagher, Senior Associate, Energy Technology Innovation Policy research group and Gustavo Collantes, Former Research Fellow, Energy Technology Innovation Policy Research Group/Enviroment and Natural Resources Program, 2007-2008
This study examines different policy scenarios for reducing GHG emissions and oil consumption in the U.S. transportation sector using a variant of the National Energy Modeling System (NEMS).
