Regular readers of this blog will know that I’ve had a day job at Eurasia Group, a global political risk consulting firm. And they’ll know, too, that I’ve sometimes blogged or talked about the firm’s work, including what my time there has taught me about the relationship between politics and markets in Asia and around the world. For a guy with a background principally in foreign and national security policy, intensive exposure to the markets—and to financial market participants—has been a great experience. But today is my last day at Eurasia Group. I’ll remain an adjunct senior fellow at CFR and will, of course, continue blogging here at Asia Unbound. But I’m taking up a new job as the first executive director of the Paulson Institute, an independent center, located at the University of Chicago, established by former Treasury Secretary and Goldman Sachs CEO Hank Paulson. The institute will promote economic activity and cross-investment, leading to the creation of jobs, as well as encourage progress in environmental protection and the development of alternative sources of clean energy. Its aim is to promote sustainable economic growth and a cleaner environment around the world, focusing initially on concrete actions by businesses and governments in the United States and China—the world’s two largest economies and energy consumers. I’m readying myself for a steady diet of Cubs games, Bears tailgates, and a very cold winter. And I’m looking forward to continued interchange with readers of Asia Unbound.
Jill Kosch O’Donnell is a former Junior Associate of The Asia Foundation and writer in Washington, DC.
Demonstration projects now underway in the United States and South Korea to capture CO2 emissions from coal-fired power plants and store them deep underground have one critical factor in common: a reliance on government funding. In recent months, both governments have announced new funding to test carbon capture and storage (CCS) technology. In a world where cheap and abundant coal-fired power accounts for about 40 percent of man-made CO2 emissions, CCS is a way to reduce emissions without giving up coal. Read more »