This report explains Europe's failure to secure long-term liquefied natural gas supplies, the likely implications, and provides ideas for better ensuring energy security moving forward.
Gabriel Collins, Steven R. MilesSeptember 13, 2023
With conflict on two fronts, and natural gas squarely in the crosshairs, the US LNG industry will be needed to support our allies in both Europe and Asia this winter, write the authors.
Steven R. Miles, Gabriel Collins, Anna B. MikulskaAugust 18, 2022
Fossil fuel subsidies have allowed energy exporting countries to distribute resource revenue, bolstering legitimacy for governments, many of which are not democratically elected. But subsidy benefits are dwarfed by the harmful consequences of encouraging uneconomic use of energy. Now, with consumption posing a threat to long-term exports, governments face a heightened need to raise prices that have come to be viewed as entitlements. While reforms of state benefits are notoriously politically dangerous, previous experience shows that subsidies can be rolled back without undermining government legitimacy — even in autocratic settings — given proper preparation.