This paper models the oil strategy of Gulf Arab states under three future energy transition scenarios. Under the most ambitious scenario, the region would have to decouple its oil revenues from its economic growth and could face significant economic and political consequences.
China’s dominance over the supply of rare earths — which are critical for energy transition and defense technologies — should spur U.S. policymakers to bolster raw materials supply chains, write energy fellow Michelle Michot Foss and co-author Jacob Koelsch.
Michelle Michot Foss, Jacob KoelschDecember 19, 2022
Decentralized finance is charting a path toward increased transparency and efficiency in the financial services sector. But do the benefits outweigh the risks?
Rubén Leal Buenfil, Alexander Hernández RomanowskiDecember 1, 2022
Why does Texas have its own power grid, and how can its history inform the future of electric power in the state? Nonresident scholar Julie Cohn looks beyond the mythology surrounding the standalone Texas grid and finds that reliability and economics — not politics — were the major factors leading to isolation.
Research scholar José Iván Rodríguez-Sánchez examines the economic impact of remittances — the money sent home by migrants working abroad — and finds varying results at the state and municipal levels in Mexico. He also warns against relying too heavily on remittances to drive economic growth.
Without urgent action, the impact of China’s water shortages will ripple across the globe and dramatically perturb global markets for food, energy and industrial goods, write fellow Gabriel Collins and co-author Gopal Reddy.
“Charles Duncan represented the very best of his country, his state and his hometown. A native son of Houston, he was a no-nonsense corporate leader and Secretary of Energy for the United States who diligently maintained a laser-like focus on getting things done. Although his career took him around the world, Charles never lost his love for Houston, where he played a critical role as chairman of the Board of Rice University in the creation of the Baker Institute for Public Policy on that campus. My wife Susan and I will greatly miss him, and we send our deepest sympathy to his entire family.”