Fiscal "breakeven" oil prices have become popular among analysts and decision-makers as indicators of oil-producing countries' economic and political stability, but there are limits to the insights that breakeven prices provide. Blake Clayton and Michael A. Levi assess the potential value and most important pitfalls involved in using fiscal breakeven oil prices.
The Paris talks have been built up as a critical moment for confronting climate change, making even the perception of success important for momentum on lowering carbon emissions, writes CFR’s Michael Levi.
China is developing new tools to address its pressing environmental pollution, but these efforts are likely to be muted until fundamental changes are made to the country’s policy structure, writes CFR's Yanzhong Huang.
India has taken a major step forward ahead of global climate talks in Paris, but the country’s clean energy strategy still faces domestic and international challenges, write CFR’s Varun Sivaram and Annushka Shivnani.
To pay for the new federal budget deal, which President Obama recently signed into law, Congress has agreed to sell 58 million of the 695 million barrels of the United States’ strategic petroleum reserve (SPR).
Secretary of State John Kerry spoke at Old Dominion University on November 11, 2015, to discuss the intersection of national security and climate change and other issues leaders would negotiate in Paris for the United Nations Conference on Climate Change, November 30 to December 12, 2015.
President Barack Obama announced the State Department's reasons for rejecting the Keystone XL pipeline, which would have transported Canadian crude oil through the United States to the Gulf of Mexico for exportation.
Fuel economy standards are a central element of U.S. energy security and climate change strategy. Varun Sivaram and Michael A. Levi explore the case for maintaining stringent Corporate Average Fuel Economy (CAFE) standards.
Chinese and Indian relief efforts in the aftermath of the 2015 Nepal earthquake set a precedent for trust building between two countries whose cooperation will be crucial to the prosperity of South Asia, write CFR's Alyssa Ayres and Ashlyn Anderson.
When President Obama welcomes President Joko Widodo of Indonesia on his first White House visit next week, he will have a valuable opportunity to help curb one of the world’s largest sources of carbon emissions.
Learn more about CFR’s mission and its work over the past year in the 2016 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »