Is the U.S. headed for a recession? History tells us a near-term recession is unlikely — but emergent threats like unregulated crypto exchanges and U.S. debt servicing necessitate further measures to mitigate economic risk, writes public finance fellow Jorge Barro.
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.
A number of states are moving toward accepting bitcoin and other cryptocurrencies for tax payments, writes public finance fellow Joyce Beebe. She explores the challenges this may bring and why a sizable number of states are racing to be viewed as crypto-friendly.
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
Europe’s reliance on fuel-switching and demand-rationing — and its need for new natural gas supply sources — will persist through this winter into next year. Using a newly developed interactive dashboard, Center for Energy Studies experts analyze possible winter scenarios using Germany as a case study.
Kenneth B. Medlock III, Anna B. Mikulska, Luke (Leelook) MinDecember 7, 2022
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.
How durable is the Saudi-Russian relationship, and what are its implications for the longstanding energy-for-security arrangement between Saudi Arabia and the U.S.?
Kristian Coates Ulrichsen, Mark Finley, Jim KraneOctober 18, 2022
Political, market and geopolitical headwinds have slowed down Biden’s ambitious climate plans, write energy experts Anna Mikulska and Michael Maher. In this brief, they explore why progress on decarbonization is likely to be more gradual than initially envisioned.
As the European Union develops a carbon border tax and the United States considers its own, this report argues for the need to track cross-border carbon trade comprehensively — including trade in fossil fuels.
Although Mexican President Andrés Manuel López Obrador is confident that measures implemented in the first half of his tenure will help Mexico to achieve energy self-sufficiency, his optimism must be weighed against the evidence, writes nonresident scholar Adrian Duhalt. In this brief, Duhalt explains the flaws in López Obrador’s plan and why Mexico is unlikely to achieve energy self-sufficiency anytime soon.