When President-elect Joe Biden assumes office in January, he will be compelled to deal with the most important and ferociously complicated geopolitical question the United States faces today: how to manage its relations with China. Fellow Joe Barnes explains how the U.S.-China situation differs from the Cold War dynamic, and how the U.S. will best be served in the years ahead. Read more at the Baker Institute Blog.
A decision by a Japanese streaming company to suspend operations in China is the latest iteration in China’s war for influence over soft power cultural products from other countries. Even more surprising, it ended with a loss for China.
Prices of natural gas have fallen precipitously in recent months as the global COVID-19 pandemic deepened the already existing misalignment between growing supply and relatively sluggish demand. Post-COVID-19 recovery should increase the demand through 2022, but a soft market is expected to continue through 2025. These conditions could provide an unprecedented opportunity for natural gas buyers/importers.
While foreign policy has rarely been the predominant issue in U.S. presidential campaigns, the November election will provide voters a clear choice when it comes to U.S. relations with other nations, writes fellow Joe Barnes.
Rather than offer a forecast that may overstate or understate Covid-19's impact on the U.S. and global economy, the authors highlight what to look for as the pandemic progresses, recedes or oscillates.
In this series of papers, the authors argue that Texas has a comparative advantage when it comes to implementing CCUS technologies, given the volume of CO2 emissions from industrial activity, the amount of oil and gas production, the scale of geologic storage potential, and the breadth of engineering and subsurface expertise in the state. Lawmakers and regulators can help facilitate the development of a robust CCUS industry in the state by addressing existing legal and regulatory uncertainties and by carefully considering pathways that can establish Texas as a leader in a low carbon energy future.
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.
Iron and steel production are necessary for modern infrastructure, and the sector is both energy intensive and difficult to decarbonize. The authors explore new, evolving processes that could change this and potentially provide both environmental and economic benefits.
The COVID-19 pandemic has compounded concerns over a U.S.-China trade deal, write the authors, but a mutual commitment to long-term purchases could be the solution. Read more on the Baker Institute Blog.
This post originally appeared in the Forbes blog on April 8, 2020.
Steven R. Miles, Kenneth B. Medlock IIIApril 10, 2020
