The global financial cost of Covid-19 could top $15 trillion. But governments could prevent future pandemics by investing as little as $22 billion a year in programs to curb wildlife trafficking and stem the destruction of tropical forests, according to an international team of scientists including Baker Institute Faculty Scholar Ted Loch-Temzelides.
Ted Loch-Temzelides, Andrew Dobson, Stuart Pimm, Lee Hannah, Les Kaufman, Jorge Ahumada, Amy Ando, Aaron Bernstein, Jonah Busch, Peter Daszak, Jens Engelmann, Margaret Kinnaird, Binbin Li, Thomas Lovejoy, Katarzyna Nowak, Patrick Roehrdanz, Mariana ValeJuly 24, 2020
The authors identify bottlenecks in the oil the oil and gas value chain that physically cause upstream flaring at the well; analyze the economic reasons for flaring, market distortions that could exacerbate it, and the cost to society of flaring, then lay out an agenda for researchers and policymakers.
Mark Agerton, Ben Gilbert, Gregory Upton Jr.July 22, 2020
Kelly Neill, graduate fellow at the Center for Energy Studies, examines how LNG exports have increased the domestic natural gas price in the eastern part of Australia, causing domestic gas users to grumble. Baker Institute Blog: https://bit.ly/30voN4p
Public finance fellow Joyce Beebe explores the federal government’s key nonprofit aid policies during the Covid-19 pandemic and discusses different approaches to help these entities financially.
The oil boom in the 1970s and early 1980s and the resulting social and economic crisis left policymakers with valuable lessons that — considering today’s conversation on the role of the oil industry in Mexico — should not be overlooked.
This study presents an integrated framework for hurricane risk assessment of petroleum infrastructure under changing climatic conditions, calculating risk in terms of monetary loss.
Rachel A. Meidl, Ted Loch-Temzelides, Majid Ebad Sichani, Katherine Anarde, Kendall Capshaw, Jamie Padgett, Pedram Hassanzadeh, Philip BedientJuly 16, 2020
Saudi Arabia’s newfound willingness to take a stand against oil quota cheats has forced the rest of OPEC+ to adhere to their quotas. Will today’s discipline – driven by the biggest-ever plunge in oil demand – fade alongside the virus? Read more in the Baker Institute Blog.
The China Energy Map provides an interactive and comprehensive visualization of China’s key energy infrastructure. The map shows oil infrastructure layers, including the locations of crude oil pipelines, refined product pipelines, oil refineries, crude oil and products storage facilities and oil ports; coal power plants; nuclear power plants, and EV battery factories.
Shih Yu (Elsie) Hung, Gabriel CollinsJuly 14, 2020
The Covid-19 pandemic created unprecedented challenges for resettled refugees in the U.S. and exposed underlying vulnerabilities that particularly impact refugee women and children, as well as the organizations that work to support them. The authors examine the difficulties facing refugees in the U.S. and offer policy recommendations that may help them.
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.