Taxing climate pollution instead of productivity will be a societal breakthrough.
Innovative and continuous support will be needed to manage the effects of a sustained decline in oil prices, especially in oil-producing and developing countries.
If the concept of resilience is to have any relevance, it should first and foremost mean energy security. But some EU countries’ policies are undermining that resilience.
Turkey wants to become a major regional energy hub. The EU should be cautious of Ankara’s potential role as a gatekeeper of gas supplies to the European market.
Myanmar’s abundant natural resources have served as the country’s main export revenue, but have also been a primary driver of conflict in ethnic areas. What should the newly elected government do to improve the governance of resource wealth in the country, and how can the international community assist?
The oil market has been turned upside down over the past two years. How will future policies, designed to meet the Paris climate agreement, shape the future of oil demand?
A smart carbon tax differentiates among the different chemical entities called “oil,” accounts for GHG emissions along the entire oil supply chain, and includes byproducts that do not fuel transport.
Because of the growing chemical and geological diversity of the new oils, the lack of alternative liquid fuels for transportation, and the size and global scope of oil production and trade, a tax is most needed in the oil sector.
For the first time, it is possible to estimate the value and profile of GHG emissions from oils throughout their supply chain using an Oil-Climate Index. This allows for the replacement of blunt tax designs with a smart tax that captures oil’s total emissions with minimal economic cost and maximum efficiency.
Promethean changes are poised to reshape the transport sector, with significant implications for the greenhouse gas emissions of twenty-first century mobility. Will autonomous vehicles prove to be a climate policy tool, or a climate policy challenge?