China's pursuit of natural resources is restructuring markets, pushing up commodity prices, and transforming resource-rich economies. Elizabeth C. Economy and Michael Levi explore the unrivaled expansion of the Chinese economy and the global effects of its meteoric growth.
A groundbreaking analysis of what the changes in American energy mean for the economy, national security, and the environment, authored by one of America's most prominent experts on energy's role in the world.
Taxes on oil consumption have long been a legislative third rail, yet concerns about the national debt may soon change that political calculus. Daniel Ahn and Michael Levi demonstrate that energy taxes can reduce the national debt and improve economic performance, all while reducing U.S. oil consumption.
Michael A. Levi says, "The benefits of the oil and gas boom—jobs, wealth and, in the case of natural gas, reductions in greenhouse gas emissions—offer plenty of reasons to continue to develop these resources judiciously. But we should beware of turning this potential blessing into an unintended curse."
Drawing on lessons from a Council on Foreign Relations workshop in January 2012, Blake Clayton and Michael A. Levi examine the connection between global oil markets and international relations, saying that in many cases the oil trade is politically consequential simply because policymakers believe that it is.
While California may not be getting much attention at this year's UN climate talks in Doha, "California's new cap-and-trade system is perhaps the biggest good news climate story this year, and delegates in Doha should be celebrating it," says Michael A. Levi.
Michael A. Levi says natural gas is a good and inexpensive alternative to coal and oil, but it's still a fossil fuel. Keeping in mind that gas is far from a permanent climate solution, delegates meeting in Doha for the UN climate change negotiations "should strengthen their efforts, individually and collectively, to promote innovation and development of cost-effective zero-carbon energy options."
Michael A. Levi and Micah Zenko say nuclear terrorism, however unlikely, is one of the few prospects that could truly devastate the USA, and there are still steps that the U.S. can take to reduce the odds of a catastrophic attack.
Michael A. Levi argues that the likely benefits of allowing U.S. natural gas exports outweigh the costs of explicitly constraining them, provided that appropriate environmental protections are in place.
The talks between Iranian and IAEA officials will focus on potential inspections at the Parchin military base, and the outcome will influence upcoming P5+1 nuclear talks with Iran in Moscow, says CFR's Michael Levi.
Heads of fifty nations are discussing how to improve safeguards for nuclear weapons and materials. CFR's Michael Levi says these summits serve as reminders of the dangers beyond the North Korean and Iranian nuclear programs.
In The Power Surge, Michael Levi takes readers inside the changes sweeping American energy to find out what they mean for the country and how the United States can harness the new opportunities they create.
By All Means Necessary
In By All Means Necessary, Elizabeth C. Economy and Michael Levi explore the unrivaled expansion of the Chinese economy and the global effects of its meteoric growth.