More than a decade after G20 representatives pledged to phase out fossil fuel subsidies, significant barriers to a full retraction remain. This paper examines the political and social rationale behind fossil fuel subsidies, the factors that make them so difficult to retract, and offers policy recommendations aimed at easing the path to subsidy reform.
The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. The authors consider four NOCs — Ecopetrol, Petrobras, Petronas and Pemex — in the context of the current crisis.
Key industry practices followed by international oil and gas companies, if adequately implemented by Pemex, may complement Mexico's energy plan to help recognize areas of opportunity for Pemex, the authors write.
If the country is to be economically successful and democratically viable, it would require learning from past mistakes and developing its significant potential in other economic sectors, writes energy policy fellow Francisco J. Monaldi. Forbes blog: http://bit.ly/2R80KU3.
In this issue brief, the authors examine the amount of growth and transactional venture capital (VC) in Houston, finding the the city lacks sufficient levels of growth VC needed to support its goals of establishing a high-growth, high technology startup ecosystem.
The Center for Energy Studies at Rice University’s Baker Institute for Public Policy and the Qatar Leadership Centre hosted a roundtable on February 15-16, 2017, in Doha, Qatar, to discuss some of the most pressing challenges facing market participants in the global energy landscape, with a focus on several issues of paramount interest to Qatar and the broader Gulf Cooperation Council.
Kenneth B. Medlock III, Jim Krane, Francisco J. Monaldi, Kristian Coates Ulrichsen, Gabriel CollinsSeptember 5, 2017
View fellow Francisco Monaldi's assessment of the road ahead for Venezuela, a country rich in oil and gas that President Nicolás Maduro has led into economic dysfunction and crisis. Monaldi's comments in English are followed by the interview in Spanish.
Recent academic research has shown that startup training institutions can greatly increase the number of startup firms receiving seed and early-stage venture capital for the first time. In this paper, the authors examine the startup training institutions in Houston, and what they are doing to open up the city’s pipeline of startups.
Edward J. Egan, Benjamin J. Baldazo, Dylan T. DickensMay 31, 2017
As China continues to open up to the transnational circulation of labor, ideas, technology and capital under globalization, one must wonder: will Chinese society’s more cosmopolitan and transnational groups continue to be guided by guanxi, the system of social networks and influential relationships that facilitate business and other dealings?
Steven W. Lewis, Elaine Howard Ecklund, Di DiMarch 31, 2017