Public finance fellow Jorge Barro examines the Federal Reserve’s aggressive financial market response to the Covid-19 pandemic and asserts that without its use of unconventional policy tools, adverse outcomes could have spread to other areas of the economy, disproportionately impacting low-income households.
For petrostates like Saudi Arabia, new tactics and strategies will be needed to recapture the strategic interest of global powers, and to cope with the transition away from fossil fuels. Georgetown Journal of International Affairs, Fall 2020.
The authors' combined statistical and economic models on specific aspects and properties of biochar will be useful for future field experiment proposals, farmers purchasing biochar, and decision-makers working to incentivize agricultural advances.
In GCB-Bioenergy, October 8, 2020, https://onlinelibrary.wiley.com/doi/full/10.1111/gcbb.12765
Kenneth B. Medlock III, Caroline A. Masiello, Jennifer Kroeger, Ghasideh PourhashemOctober 8, 2020
More than a decade after G20 representatives pledged to phase out fossil fuel subsidies, significant barriers to a full retraction remain. This paper examines the political and social rationale behind fossil fuel subsidies, the factors that make them so difficult to retract, and offers policy recommendations aimed at easing the path to subsidy reform.
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
A defense diplomacy shielded from the influence of nationalistic and partisan sentiments presents a valuable opportunity for the U.S. to advance regional security in the Indo-Pacific, and to forge a path to a more equitable and peaceful future with China, writes nonresident scholar Daniel Katz.
The authors compare the impacts of energy-related sanctions against Russia and a market-based geoeconomics policy, and suggest options for U.S. involvement in the region.
In a comprehensive update to their 2014 study on the future of American innovation, the Baker Institute and the American Academy of Arts and Sciences conclude that significant policy and funding actions are required to ensure the U.S. does not lose its preeminent position in discovery and innovation.
The authors assert that the time is ripe for the United States and Europe to take the lead on shepherding a systems-level change in the recycling market, strengthened by government regulation and legislation. They examine the economic, social, and environmental impacts of mismanaged waste and argue that the Covid-19 pandemic could serve as a catalyst for action toward a global, circular economy.
On September 16, energy fellow Michelle Michot Foss provided an overview of the role of critical minerals in creating a clean economy during testimony before the U.S. House of Representative's Subcommittee on Environment and Climate Change. She also discussed the challenges associated with energy transitions, including import dependency and considerations for meeting environment, social and governance (ESG) goals.