The energy transition process depends on investments in clean technologies to cut down carbon emissions in various sectors of the economy. In a new working paper, visiting research fellow Osamah Alsayegh focuses on Arab Gulf states as a case study and proposes policies to mitigate the potential negative impacts of the transition process on affected sectors.
How much can demographic changes account for trends in the U.S. economy? This paper shows that a heterogeneous-agent, overlapping-generations model with historical demographic flows can generate several features of the U.S. economy over the past several decades, including a secular decline in economic growth, a rise in savings relative to GDP, a corresponding decline in real interest rates, and, in part, changes in wealth inequality.
With conflict on two fronts, and natural gas squarely in the crosshairs, the U.S. LNG industry will be needed to maintain commitments and support allies and trading partners in both Europe and Asia this winter.
Steven R. Miles, Gabriel Collins, Anna B. MikulskaAugust 17, 2022
Proactive U.S. efforts to enhance Europe’s gas security and blunt Russia’s ability to use gas for hybrid warfare would directly support its ability to sustain and upgrade its combat credibility in East and Southeast Asia. By incentivizing upstream gas investments globally through the demand call associated with a broader European move to replace Russian gas with LNG, gas geoeconomics would over the medium term also help increase global LNG supply to the ultimate benefit of U.S. allies in Asia, foremost among them Japan and South Korea.
Gabriel Collins, Anna B. Mikulska, Steven R. MilesAugust 4, 2022
This is the first analysis focused specifically on whether subnational resource curse dynamics seen in other oil-rich locales (1) apply to the Permian Basin and if so, to what extent, and (2) compensatory policy steps.
The authors explain why, over the next decade, gas geoeconomics policies can enhance energy security, solidify market liberalization, and also reduce emissions by maximizing the use of clean-burning natural gas. Central and Eastern Europe offer fertile ground for interested countries to partner with the United States in this policy direction.
Gabriel Collins, Anna B. MikulskaSeptember 9, 2020
The authors evaluate Argentina’s energy sector and test the hypothesis that investments in tight oil and shale gas extraction expose investors to fewer risks than extracting conventional oil and gas.
This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”
Gabriel Collins, Mark P. Jones, Jim Krane, Kenneth B. Medlock III, Francisco J. MonaldiFebruary 24, 2020
Energy fellow Gabriel Collins investigates how some operators in the Permian Basin are unifying their efforts to solve the unique set of community and infrastructure challenges in the region
This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”
Given that policymakers will eventually need to decide how to resolve the social security program’s projected shortfall, this paper presents a simulation-based approach to evaluating the conventional alternatives of adjustments to benefits or taxes.