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August 2, 2016

Energy and Climate Policy
The Impact of Removing Tax Preferences for U.S. Oil and Gas Production

Overview The tax treatment of oil and gas investment in the United States has been a contentious policy issue for decades. Reform advocates argue that eliminating tax preferences for producers of …

The Impact of Removing Tax Preferences for U.S. Oil and Gas Production header

December 14, 2023

Energy and Environment
New Ideas to Fund our Planet’s Future: Finance-Based Strategies for Curbing Climate Change

At COP28 in Dubai, negotiators once again focus on increasing climate finance as the world struggles to manage rising temperatures, historic natural disasters, and environmental depletion. Panelists …

Play Participants walk by banners as they attend day four of the UNFCCC COP28 Climate Conference at Expo City Dubai.

February 14, 2024

South Korea
The United States–South Korea Alliance: Why It May Fail and Why It Must Not

Summary The U.S.-South Korea alliance has been the cornerstone of bilateral cooperation and the U.S. security presence in the Indo-Pacific region for over seven decades and continues to serve as a…

Teaching Notes Image for Scott Snyder

August 10, 2016

Fossil Fuels
Time to Repeal U.S. Oil and Gas Tax Breaks

This post is co-authored by Sagatom Saha, research associate for energy and foreign policy at the Council on Foreign Relations. Read "The Impact of Removing Tax Preferences for U.S. Oil and Gas Produ…

November 2, 2017

Energy and Climate Policy
Rebuttal: Oil Subsidies—More Material for Climate Change Than You Might Think

This post is authored by Peter Erickson, a staff scientist at the Stockholm Environment Institute and a co-author of a new paper in Nature Energy that studies how much of U.S. oil reserves are econom…

Rebuttal: Oil Subsidies—More Material for Climate Change Than You Might Think

October 10, 2017

Energy and Climate Policy
No, Tax Breaks for U.S. Oil and Gas Companies Probably Don’t Materially Affect Climate Change

Last week, the journal Nature Energy published an article from scholars at the Stockholm Environment Institute arguing that the tax breaks given to oil companies by the U.S. government could lead to …

An oil rig drilling a well at sunrise near Midland, Texas. (REUTERS/Reuters Staff)