Energy and Environment

Op-Ed

China Runs Into Natural-Resources Pushback

Authors: Elizabeth C. Economy and Michael A. Levi
Wall Street Journal

Though strategists have long feared that China's quest for natural resources would lead to ever-higher prices, a breakdown in trade, and perhaps even wars, Elizabeth Economy and Michael Levi write that a stunning WTO rebuke of Chinese exports restrictions shows that the global system is far more resilient than the worriers have claimed.

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Must Read

WSJ: How a Giant Kazakh Oil Project Went Awry

Authors: Selina Williams, Geraldine Amiel, and Justin Scheck

"To replace what they pump, oil companies need to collaborate with state-owned companies that control 90% of the globe's remaining oil reserves, by a World Bank estimate. But governments often give foreign oil companies access only to the hardest-to-develop acreage. Kashagan's large-scale stumble shows how collaborations in these difficult fields can go sour for both sides."

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News Release

Emerging Arctic Explored in New CFR InfoGuide

The Council on Foreign Relations (CFR) has released a new interactive guide examining the economic opportunities and environmental risks emerging in the Arctic. Climate change, technological advances, and a growing demand for natural resources are driving a new era of development in the Arctic region. Many experts assert that Arctic summers could be free of sea ice in a matter of decades, opening the region up to hundreds of billions of dollars in investment, most notably in energy production and shipping.

See more in Arctic; Energy and Environment

Must Read

Foreign Policy: Russia's Invasion of Ukraine Has Big Implications for Asia's Energy Future

Author: Keith Johnson

"In a nutshell, Asia's biggest economies think they are becoming even more of a buyer's market for Russian energy, and hope to use Moscow's current turmoil to buy more gas for lower prices. If they're right, countries like China and South Korea would gain a longer-term, cheaper source of energy, while Moscow would be able to keep tapping its mineral wealth for decades to come."

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Transcript

Fracking Revolution Transforming the Global Energy Landscape

Speakers: Admiral Dennis Blair, John Browne, and Robert D. Blackwill

Admiral Dennis Blair, BP Officer, John Browne, and CFR Fellow, Robert D. Blackwill discuss the American energy boom and its concerns with both gas and oil. According to the following experts, through the use of fracking, the United States has increased its oil production to approximately 3.5 million barrels per day, in the last five years.

See more in Global; Energy and Environment

Article

China Wakes Up to Its Environmental Catastrophe

Author: Elizabeth C. Economy
BusinessWeek

China's premier declared a "war on pollution" at the National People's Congress, responding to the Chinese public's distress over the state of the country's environment. Though the government announced an array of new targets and measures, Elizabeth Economy argues that Beijing must move beyond bold promises of change and initiate real environmental reform.

See more in China; Pollution