Energy and Environment

Foreign Affairs Article

Vindicating Volatility

Authors: Michael A. Levi and Robert McNally

While oil prices over the last three years were the smoothest in decades, volatility is back and here to stay argue Michael Levi and Robert McNally. Levi and McNally explain how price fluctuations, rather than high prices, endanger global economic growth.

See more in Global; Oil

Foreign Affairs Article

The United States of Gas

Author: Robert A. Hefner III

Less than a decade ago, the future of American energy looked bleak. Domestic production of both oil and gas was dwindling, and big U.S. energy companies, believing their fortunes lay offshore, had long since turned away from the mainland.

See more in United States; Energy Policy

Foreign Affairs Article

Nuclear Freeze

Authors: Per F. Peterson, Michael R. Laufer, and Edward D. Blandford

These days, the long-term role that nuclear power will play in the global energy market remains uncertain. That would have come as a surprise to the scientists and engineers who, during the 1950s and 1960s, pioneered the study of nuclear fission, built test reactors, and designed nuclear-powered airplanes and rockets.

See more in Global; Nuclear Energy

Foreign Affairs Article

Powering the Pentagon

Author: Sharon E. Burke

In the immediate aftermath of World War II, the U.S. naval aviator Thomas Moorer questioned Takeo Kurita, a former vice admiral of the Imperial Japanese Navy, as part of the U.S. military's postwar interrogation of Japanese commanders. Kurita told Moorer that one of the most significant reversals of fortune Japan had suffered during the war was the loss of fuel supplies.

See more in United States; Renewable Energy

Foreign Affairs Article

Reverse the Curse

Authors: Karol Boudreaux, Tiernan Mennen, Larry Diamond, and Jack Mosbacher

Larry Diamond and Jack Mosbacher ("Petroleum to the People," September/October 2013) rightly observe that the coming oil boom in Africa is, paradoxically, a frightening prospect for the continent's poor and marginalized.

See more in Africa (sub-Saharan); Oil

Foreign Affairs Article

America's Energy Opportunity

Author: Michael Levi

The U.S. energy revolution is not confined to a single fuel or technology: oil and gas production, renewable energy, and fuel-efficient automobile technologies all show great promise. To best position the country for the future, U.S. leaders should capitalize on all these opportunities rather than pick a favorite; the answer lies in 'most of the above.'

See more in United States; Energy Policy

Foreign Affairs Article

A Light in the Forest

Author: Jeff Tollefson

Since 1988, Brazilians have cleared more than 153,000 square miles of Amazonian rain forest, devastating the environment and driving global climate change forward ever faster. Recently, however, Brazil has changed its course, reducing the rate of deforestation by 83 percent since 2004. At the same time, it has become a test case for a controversial international climate-change prevention strategy that places a monetary value on the carbon stored in forests.

See more in Brazil; Climate Change; Forests and Land Management

Foreign Affairs Article

Environmental Alarmism, Then and Now

Author: Bjorn Lomborg

Forty years ago, the Club of Rome produced a best-selling report warning humanity that its escalating wants were on a collision course with the world's finite resources and that the only way to avoid a crash was to stop chasing economic growth. The predictions proved spectacularly wrong. But the environmental alarmism they engendered persists, making it harder for policymakers to respond rationally to real problems today.

See more in Environmental Policy