In October the UAE declared a goal of reaching net-zero emissions by 2050. That goal seems incredibly lofty for an oil-dominated economy, but the UAE's particular advantages may uniquely suit the task, energy fellow Jim Krane explains in this week's Forbes post.
Amid recent disputes on oil trade, "fractious Saudi-UAE relations are ... better understood as a return to the pre-2015 status quo than a unique diplomatic breach," write Jim Krane and Kristian Coates Ulrichsen.
Methane emissions are both "extraordinarily bad" and "easy to fix," so why not address them now? A federal tax of $1,500 per metric ton emitted could curb and counter the impact of U.S. methane emissions, argues this commentary piece.
Baker Institute Rice Faculty Scholar and University Professor Moshe Vardi analyzes three recent crises — the 2021 winter storm in Texas, the COVID-19 pandemic and the Boeing 737 Max software failure — that highlight the cost of valuing efficiency over resilience and provide lessons for bringing society into balance.
Lax regulation exposed electricity producers — and their customers — to failures that killed off all four of Texas’ top generating types: natural gas, wind, coal and nuclear. In this commentary experts from the Center for Energy Studies look at each technology to show what failed.
Jim Krane, Robert Idel, Peter VolkmarFebruary 19, 2021
University Professor Moshe Vardi condemns the actions taken by the U.S. government to restrict the immigration of technical workers into the country but also questions why the U.S. has become so dependent on international students as the major workforce for its academic science and engineering research enterprise. Baker Institute Blog: https://bit.ly/3llmHg2
Saudi Arabia’s newfound willingness to take a stand against oil quota cheats has forced the rest of OPEC+ to adhere to their quotas. Will today’s discipline – driven by the biggest-ever plunge in oil demand – fade alongside the virus? Read more in the Baker Institute Blog.
Leveraging a crash in oil revenue, the Saudi government has quickly imposed unprecedented changes to the way it raises cash by increasing taxes and slashing subsidies in ways Saudi citizens once considered unthinkable.