Energy

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.'

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Ask CFR Experts

With renewable energy sources in countries like Brazil and Bolivia, will U.S. energy policy shift toward South America?

Asked by Fagner Dantas, from Universidade Federal da Bahia

The global energy map is being redrawn at an accelerated pace. All signs point to the United States becoming part of an increasingly hemispheric energy trade, both for oil as well as for biofuels like ethanol. The Middle East will still loom large in U.S. energy policy given its crucial role in the world oil market, but U.S. energy officials and companies are forging deeper ties with their counterparts elsewhere in the Americas.

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See more in North America, Brazil, Bolivia, Climate Change, Comparative Environmental Policies, Energy

Book

The Power Surge

Author: Michael A. Levi

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.

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Must Read

NYT: Avoiding the Curse of the Oil-Rich Nations

Author: Tina Rosenberg

"If a government can finance itself through the profits on oil, it needn't collect taxes. Let me suggest that this is not a good thing. Taxes create accountability — citizens want to know how the government is spending their money. Substituting oil revenues decouples government from the people. The list of the world's worst-governed countries today features many that are dependent on the production of oil: Nigeria, Angola, Chad, Venezuela, Libya, Equatorial Guinea."


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Op-Ed

The False Promise of Energy Independence

Author: Michael A. Levi
New York Times

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."

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Article

The Surprising Sources of Oil’s Influence

Authors: Blake Clayton and Michael A. Levi
Survival

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.

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Video

World Energy Outlook 2012

Speaker: Fatih Birol
Presider: Gary Ross

Fatih Birol, chief economist at the International Energy Agency (IEA), explains findings in the IEA's flagship publication, World Energy Outlook 2012. The report presents authoritative projections of energy trends through 2035 and insights into what they mean for energy security, environmental sustainability, and economic development.

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Audio

World Energy Outlook 2012

Speaker: Fatih Birol
Presider: Gary Ross

Fatih Birol, chief economist at the International Energy Agency (IEA), explains the findings in the IEA's flagship publication, World Energy Outlook 2012. The report presents authoritative projections of energy trends through 2035 and insights into what they mean for energy security, environmental sustainability, and economic development.

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Op-Ed

Critics of Gas Should Be Realistic

Author: Michael A. Levi
Financial Times

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."

See more in Climate Change, Energy, UN