CFR Presents

Energy, Security, and Climate

CFR experts examine the science and foreign policy surrounding climate change, energy, and nuclear security.

Why Have U.S. Carbon Dioxide Emissions Plummeted?

by Michael Levi Tuesday, September 25, 2012

U.S. carbon dioxide emissions for January-May are down six percent from 2011 to 2012. Headlines have highlighted the fact that emissions from January-March hit a twenty year low. What explains the shift?

That question has been the subject of intense debate. John Hanger argues that 77 percent of that decline can be attributed to the shift from coal to gas. The folks over at CO2Scorecard, looking at January-March data, put that number at a more modest 21 percent. These are drastically different figures. What number should we believe? Read more »

New Study: Lessons Learned from the 2011 Strategic Petroleum Reserve Release

by Blake Clayton Thursday, September 13, 2012

As anyone who follows the oil market knows, speculation is rife that the White House may soon decide to tap the U.S. Strategic Petroleum Reserve (SPR). Whether they will remains to be seen. But before officials in the United States and other International Energy Agency (IEA) member countries take any action, it’s crucial they weigh the lessons of last summer’s release of national oil stockpiles. Read more »

Next Steps on Clean Energy Trade

by Michael Levi Wednesday, September 12, 2012

Earlier this week, at a meeting in Russia, the leaders of APEC (Asia Pacific Economic Cooperation) agreed to reduce tariffs on fifty-four different types of environmentally friendly goods.  The countries, which include the United States and China, agreed to specific maximum tariffs and to a deadline for the changes. This is great news. The World Bank has estimated that eliminating barriers to trade in clean energy technologies could boost that trade by fourteen percent.  And as my colleagues and I argued in an in-depth study two years ago, cross-border trade and investment is essential to accelerating not only deployment but also innovation in clean energy. Read more »