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Energy, Security, and Climate

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

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Showing posts for "Climate"

Could Cheap Natural Gas Undermine a Carbon Price?

by Michael Levi

Cheap natural gas has split the climate debate into two camps. One celebrates the development, emphasizing that natural gas cuts emissions when it replaces coal, and arguing that abundant gas reduces emissions as a result. The other bemoans the news, noting that inexpensive natural gas makes it tougher for zero-carbon energy to compete and arguing that this will ultimately result in higher, not lower, emissions. Read more »

The Carbon Price Equivalent of Blocking Keystone XL

by Michael Levi

In an exchange about the Keystone XL pipeline earlier today, NASA’s Gavin Schmidt made an important point: “Many things can raise the effective carbon price: tax, cap-and-trade, regulatory action (mercury standards, pipeline decisions etc)”. (I’ve taken the liberty to expand some twitter abbreviations.) That’s true. So what carbon price would blocking the Keystone XL pipeline be equivalent to? Read more »

Thinking Carefully About Tight Oil

by Michael Levi

A piece in Slate by Ray Pierrehumbert arguing that tight oil abundance is a myth is making the rounds. The essay makes some fair warnings against irrational exuberance when it comes to hundred year supplies, claims of endless energy independence, and complacency on climate change as a result of abundant natural gas. But the piece does at least as much to confuse as illuminate. Fortunately, that provides a good opportunity to look at a few important misunderstandings that frequently arise in discussions about U.S. oil. Read more »

Should You Pay Attention to the UN Climate Talks?

by Michael Levi

The annual United Nations (UN) climate talks are rarely a pretty sight. The typical script is fairly reliable. Negotiators typically arrive at each summit with mostly realistic goals. But diplomats and those who seek to influence them spend the first week or so ratcheting up demands and accusations, in part for leverage, but at least as much in order to make themselves look good and their adversaries appear villainous. Members of the media (if they’re paying attention) report that the talks appear set for disaster. Meanwhile, away from the spotlight, negotiators quietly hash through the substantive tasks at hand. Eventually, in the middle of the second week, higher level officials arrive. Occasionally, important differences prove impractical to resolve, and the summit collapses. Far more often, the parties cobble something modest together, apparently snatching victory from the jaws of defeat. Read more »

Some Thoughts on the Doha Climate Talks

by Michael Levi

The annual United Nations climate talks got underway in Doha, Qatar on Monday.

In a piece for the CFR website, I walk through the issues on the table, and offer some thoughts on U.S. strategy. The title of the piece – “A Transitional Climate Summit in Doha” – is a pretty good summary.  After three years of high tension and high stakes summits, Doha will almost certainly be more mellow, though no climate conference would be complete without a few fireworks toward the end. Read the whole piece for more. Read more »

Two Paths Forward on Climate Change

by Michael Levi

The past week has been huge for people who want to see the United States go big on climate change. First Hurricane Sandy vaulted climate change back into the public debate. Now the reelection of Barack Obama means that there will be someone in the White House who cares strongly about the issue. The combination creates an opportunity to press for climate action. Read more »