Carnegie Endowment for International Peace
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.
There are four extraordinary circumstances, all relating to California’s oil resources, that need to be factored into the case for preserving and strengthening California’s clean car program.
A successful switch to electric vehicles, coupled with strategically increased refining capacity, could be both a geoeconomic and geopolitical maneuver for India.
It was recently announced that the United States has just beaten its all-time high in crude oil production—but these claims don’t quite stand up to scrutiny.
Is natural gas indeed a bridge fuel to a greener, low-carbon energy future? If American gas can maintain its attractiveness versus coal, this creates a sizable opportunity for both extant and emerging U.S. gas exporters.
To date, no clear consensus has been reached on whether natural wealth such as hydrocarbon’s is a blessing or a curse, and no comprehensive methodology has been established.
The November 2017 UN Climate Conference was marked by the unprecedented presence of U.S. cities, states, and corporations.