But there could be a “marginal” contribution to energy independence “from any additional US production that is encouraged due to improving US oil transport infrastructure,” David Livingston, an associate fellow in the Energy and Climate Program of the Carnegie Endowment for International Peace, told us.
To engage with the global market and to attract the private sector’s investment, Saudi Aramco may wish to let the curtains fall. Carnegie Middle East Center’s Non-Resident Scholar, Carole Nakhle, stated to Forbes that “when selling in public tender, Aramco will have to publish its books.”
Two new reports out this week examine California’s oil fields and how the high-emitting oil extracted from many of them poses a threat to the environment and human health.
Two reports out today from the Carnegie Endowment for International Peace’s Energy & Climate recommend greater transparency over California’s oil operations.
Senior Fellow at Carnegie, Deborah Gordon, spoke with ABC 23 in Bakersfield, California about the need for greater oil data transparency in the region and the state.
Midway Sunset, which is the oldest and most productive oil field in California and which essentially started the oil industry in the state, also happens to be one of the dirtiest, according to a study by the Carnegie Endowment for International Peace.
Deborah Gordon of the US’ Carnegie Endowment for International Peace says the US is “on target” to meet its Paris climate commitments since much of it is “economically aligned.” She added: “California will rise to take a leadership role in the US, effectively making up for any national backsliding.”
Matt Ferchen, head of the China and the Developing World Programme at the Carnegie–Tsinghua Center for Global Policy in Beijing, said the low-key treatment of the deal suggested that China saw it as just another long-term investment, not a game-changer.
Wang Tao, of the Carnegie-Tsinghua Centre for Global Policy in Beijing, says sales of petrol will balloon even though new cars are becoming more efficient, vehicle-emissions standards are getting stricter and some cities are imposing tighter curbs on buying new cars to keep down pollution and congestion.
“If it were really a big deal the Chinese were proud of, they would make diplomatic hay out of this,” Ferchen said. “My guess is this is just a ploy by Maduro to grab some of the attention and headlines surrounding Xi’s trip, which obviously doesn’t include Venezuela.”