Tue, Dec 31, 2019

How accounting for the externalities of carbon would affect end products

Given the urgent need to decarbonize all sectors of the US economy, one of the broadest policy options that could steer both energy production and consumption in the right direction is the notion of putting a price on carbon.

EnergySource by Jennifer T. Gordon

Energy Transitions Oil and Gas
Buildings downtown

Mon, Dec 30, 2019

Shadow carbon pricing: What corporations can do in the meantime

There are any number of reasons for corporations to participate in sustainability efforts. One of the greatest contributions that corporations can make to a zero-carbon future is setting a “shadow” price on carbon by placing a dollar value on emissions and making carbon commitments and investment choices accordingly.

EnergySource by Jennifer T. Gordon

Climate Change & Climate Action Energy Transitions
Stock exchange

Mon, Dec 30, 2019

The Aramco IPO isn’t quite enough to realize MBS’s diversification ambitions

After significant delays and a number of setbacks, Aramco finally listed shares representing 1.5 percent of the company’s total value on the domestic Tadawul exchange. The $25.6 billion that the IPO raised is nothing to scoff at, but it still is not enough to fully realize MBS’ ambitions. Where does the IPO go from here?

EnergySource by Randolph Bell

Energy Markets & Governance Energy Transitions
Presidential debate stage

Sun, Dec 29, 2019

The reemergence of carbon pricing proposals

There is a growing political acceptance of carbon pricing, both on the Hill and among presidential hopefuls. However, carbon pricing is by no means inevitable—where does the conversation go from here?

EnergySource by Jennifer T. Gordon

Climate Change & Climate Action Energy Transitions

Fri, Dec 6, 2019

The Neue Ostpolitik approach to Nord Stream 2: A legal fiction carried a little too far

Some Nord Stream 2 proponents invoke the Ostpolitik of the late Cold War, which involved West German cooperation with Moscow on Russian energy exports to Western Europe. But this time around, Europe does not need additional Russian gas volumes and its position is in opposition to the views of most of Eastern Europe. From this perspective, Nord Stream 2 is flawed Ostpolitik.

EnergySource by Dr. Benjamin L. Schmitt

Energy Markets & Governance European Union

Thu, Dec 5, 2019

What does a sunset coal industry tell oil producers about peak demand?

When it eventually peaks, a look at coal gives a glimpse of what could happen in other sectors. Peak demand does not mean consumption will fall off a cliff—coal demand has so far plateaued at or near records, with pockets of growth still around. What could this mean for oil?

EnergySource by Henning Gloystein

Energy Transitions Oil and Gas

Wed, Nov 27, 2019

Is Rosneft undermining “maximum pressure” on Venezuela and Iran as Trump looks away?

US President Donald Trump is conducting policies of “maximum pressure” on two countries, Venezuela and Iran. In Venezuela, Russia’s state-owned oil company, Rosneft, actively undercuts this US policy by helping them circumvent Washington’s tough economic sanctions. Why doesn't Washington apply broad sanctions against the giant Russian company?

EnergySource by Matthew Bryza

Economic Sanctions Energy Markets & Governance
Oil rig

Thu, Nov 21, 2019

Finding a path forward for oil and gas companies in the energy transition

2019 appears to be ending bleakly for the old guard of the energy sector—recent third quarter (Q3) reporting paints a gloomy picture: across the industry, profits have plummeted despite rising oil production. Observers have blamed those results on several potentially transitory headwinds, but are they actually what's driving the concerning outlook?

EnergySource by Reed Blakemore and David Yellen

Energy Transitions Oil and Gas
Nord Stream pipe

Mon, Nov 18, 2019

Nord Stream 2 poses challenges but also means opportunity for the European Union

With the Nord Stream 2 (NS2) pipeline’s completion date on the horizon, it is becoming apparent that the European Union (EU) is struggling to agree on how the project should be handled. What are the challenges and opportunities the situation present?

EnergySource by Martin Jirušek

European Union Geopolitics & Energy Security
US Capitol building

Thu, Nov 14, 2019

Reauthorization of the Export-Import Bank is a national security imperative

The US House of Representatives is voting this week on a long-term reauthorization of the US Export-Import Bank. While a fully functional Ex-Im Bank is important for the competitiveness of many US exporters, it is essential for certain industries of strategic importance, including nuclear energy and space, and US security interests associated with these exports are also linked to the ability of Ex-Im Bank to support them.

EnergySource by Amb. Thomas Graham, Jr. and Admiral Richard W. Mies

Economy & Business Nuclear Energy