How can a U.S. response help Europe if Russian gas cuts off energy supplies of more countries following Poland and Bulgaria? The authors explain why currently, more drastic actions by the U.S. could prove counterproductive, unnecessary and harmful to U.S. trade policy. Read the post on the Baker Institute Blog.
This article originally appeared in the Forbes blog on May 2, 2022.
The author gives the latest in a series of updates on inventories of DUCs, or drilled-but-uncompleted wells, using data from EIA on drilling productivity. Read the post on the Baker Institute Blog.
This post originally appeared in the Forbes blog on March 17, 2022.
Many climate policy approaches place a disproportionate burden on lower-income families, writes fellow Mark Finley. Political leaders have started to recognize that climate policy must approach fossil fuels and energy transition as an “AND”, not an “either/or”, and that the distributional impact of policy must also be addressed. Read more on the Baker Institute Blog.
This post originally appeared in the Forbes blog on January 26, 2022.
"With the pressures of climate change and the urgency to incorporate alternative energy resources like wind and solar, the fixation on the purported benefits of energy transition technologies overshadows the glaring reality — an absence of strategy around identifying and quantifying other life cycle externalities, such as waste disposal or environmental impacts," write fellow Rachel Meidl and research assistant Mathilde Saada. Read more on the Baker Institute Blog.
A lignite mine on the border of Poland and the Czech Republic is caught between global environmental and local economic concerns. For COP26 to make headway on climate action, the authors write, it must consider the local implications while proposing solutions.
"This is a moment to prioritise health over short-term political calculations," write fellow Peter Hotez, Rekha Lakshmanan and nine other experts in a Lancet commentary. Click here for their call for action against anti-vaccine rhetoric and COVID-19 misinformation, and five short-term recommendations.
Rekha Lakshmanan, Peter J. HotezSeptember 17, 2021
U.S. producers have sustained oil supply by feathering their beds with “DUCs down” — their large inventory of drilled-but-uncompleted wells. Could they exhaust the DUCs? What then? Energy fellow Mark Finley explains on the Baker Institute Blog.
How did the pandemic impact energy markets around the world? The results of this year's bp Statistical Review of World Energy show how the U.S. led the widespread decline in energy production, oil was the energy type most impacted by shutdowns, and global trade for fossil fuels fell more rapidly than production.
Today’s oil market contains not one, but two prisoner’s dilemmas: traditional OPEC+ members, policed by Saudi Arabia, and a new dilemma with U.S. shale producers, policed by their investors. This boosts the prize for cooperative behavior but also raises new risks. Energy fellow Mark Finley explains.
The authors point to several tangible benefits of U.S. LNG exports that go beyond its low procurement cost — including greater security of supply and emissions reductions when used as an alternative to coal.
Michelle Michot Foss, Anna B. MikulskaJune 24, 2021