New oils are emerging in the United States and worldwide. The degree to which global oils differ from one another is increasing, from carbon-laden oils that resist flow to ultra-light petroleum liquids trapped in tight shale oil. Developing these unconventional oils requires a clear departure from business-as-usual practices. The Carnegie Oil Initiative provides expert analysis, strategic guidance, and policy frameworks to manage new oil assets while protecting the climate.
Carnegie’s work to understand emerging new oils has been ongoing since our seminal publication, Understanding Unconventional Oil, in 2012. All publications from this project are archived here.
Sarah Chayes, Steve Coll, and Olarenwaju Suraju discussed how corruption can become an inextricable part of an economy and how civil society and the U.S. government can work to prevent it. (Runtime - 22:21)
Oil is one of the world’s most durable global commodities. With few ready commercial substitutes, its extraordinary staying power is demonstrated by its enduring energy sector dominance, even as market prices fluctuate dramatically and geopolitical disruptions strike.
Blockchain’s implications for energy are potentially far-reaching when it comes to security and efficiency. Given the scale of opportunities—and unintended consequences—presented by blockchain, this technology deserves more discussion in the public sphere.
There are a number of less visible impacts of the ongoing standoff in the Gulf.
While Trump's energy program is still unfolding it is clear that he is sticking to the pledges he made during his presidential campaign.
Europe should avoid letting dissatisfaction with Trump’s Paris decision cloud the broader transatlantic energy and climate agenda.
The transition to a low-carbon economy after the Paris Agreement has been embraced by an unprecedented number of countries and thousands of subnational groups, and is contributing to growth and competitiveness globally.
With U.S. climate leadership lagging, the G-7 is finding ways to move forward in spite of U.S. reluctance while China looms as the new international climate powerhouse.
To promote Saudi Arabia’s push toward renewable energy, the United States should help the kingdom transform itself from petro-state to participant in the global clean energy market.
A U.S. withdrawal from the Paris Climate Agreement could have significant repercussions for U.S.-EU relations.