CFR Presents

Energy, Security, and Climate

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

Posts by Category

Showing posts for "China"

Climate Change: What Is China Doing and Not Doing?

by Michael Levi
zhang gaoli UN climate summit New York Chinese Vice Premier Zhang Gaoli speaks during the Climate Summit at the U.N. headquarters in New York on September 23, 2014. (Mike Segar/Courtesy Reuters)

Chinese Vice Premier Zhang Gaoli made news on Tuesday with his speech on climate change at the United Nations. My colleague and co-author Elizabeth Economy has an enlightening post on her blog, Asia Unbound, drilling down on the headlines. I’ve reposted it here. Read more »

The Other Big Energy Export News

by Michael Levi

The energy world has been abuzz this week with news that the Department of Commerce will allow exports of minimally processed condensate. This has been heralded as a “step towards a rational oil policy” and a shift that “could change the world’s energy balance”. In particular, many are speculating that this is a step toward complete elimination of the ban on crude oil exports. Read more »

How Will China Clean its Air?

by Michael Levi
Chinese woman struggles with air pollution A woman wearing a mask rides her bicycle along a street on a hazy morning in Beijing, February 28, 2013. REUTERS/China Daily

“I’ve been working my whole life on climate change. And now, because of policies to fight local air pollution, Chinese carbon emissions will peak and begin to decline in less than ten years, and our efforts on climate change will have nothing to do with it.” Read more »

Is China Really More Economically Powerful than the United States?

by Michael Levi

A couple weeks ago the World Bank reported that the Chinese economy would pass the U.S. one by the end of this year. This led to rather breathless headlines from normally more sober observers (FT: China poised to pass US as world’s leading economic power this year). In an op-ed yesterday in the international New York Times, I argue that GDP is an awful measure of economic power, and explain why Chinese economic power is often less (though sometimes more) than meets the eye. Read more »

Is China’s Resource Strategy Changing Radically?

by Michael Levi
Courtesy REUTERS/China Daily Information Corp Courtesy REUTERS/China Daily Information Corp

“China’s leading think tank has outlined a revamped energy strategy,” Xinhua reports today, highlighting a long article published yesterday in People’s Daily. This comes on the heels of a wonderfully titled FT article – “China scythes grain self-sufficiency policy” – claiming that China has given up on its long-standing goal of producing its own food. Chinese resource strategy, it seems, is changing rapidly and radically. Read more »

The End of Energy as We Know It… In Three Graphs

by Blake Clayton

Want to understand the energy challenges the world might face in the future? There are few better places to turn than this year’s BP Energy Outlook to 2030, an annual publication that shows the company’s projections for energy supply and demand over the next two decades. The three graphs below highlight some of the trends likely to define the energy landscape in the years ahead, in BP’s view. Read more »

Five Critical Questions About the U.S. Strategic Petroleum Reserve

by Blake Clayton

Constant chatter about an impending oil release from the U.S. Strategic Petroleum Reserve (SPR) was a prominent feature of the oil market last year. Much of the speculation was driven by the ongoing loss of crude from Iran, due to sanctions, and the possibility of a confrontation with Tehran over its nuclear program, which could have cut off traffic through the vital Strait of Hormuz. Read more »

The Real Reason Energy Traders Are Losing Sleep

by Blake Clayton

What’s roiling the oil market right now? The old familiar source of instability—unrest in the Middle East—is far from the whole story, though it still tends to be the first place Western pundits look when the world’s most important commodity is in turmoil. But this paradigmatic hangover from the 1970s has become less and less adequate. Read more »

Truth and Nonsense on Chinese Clean Energy

by Michael Levi

There is a serious fact-based case to be made for why China is not crushing the United States in a clean energy race. Unfortunately, Bjorn Lomborg’s op-ed in today’s Washington Post makes the argument using a mix of truth and nonsense. This won’t do much but perpetuate an ongoing battle of misleading statistics and dubious interpretations. Read more »

Beware the Strategic Consequences of Slashing International Climate Assistance

by Michael Levi

The Obama administration budget request for FY2012 is out. The contrast with the House Republican alternative is stark. Nowhere is this more clear than in funding for international climate change activities, where the administration has scaled back its request modestly from its FY2011 submission (but is still asking for considerably more than was appropriated for FY2010), while the House Republican proposal envisions eliminating almost all U.S. spending. Read more »