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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

February 16, 2021

News Release
Gayle Tzemach Lemmon Recounts the Untold Story of the Women Who Fought to Defeat ISIS, in New Book

In 2014, a remarkable all-women militia faced off against the self-proclaimed Islamic State in Kobani, a small town in northeastern Syria, which became a turning point in the fight against ISIS. In h…

January 29, 2021

Transition 2021
Transition 2021 Series: U.S. Economic Recovery

Panel discuss the policy paths President Biden can take to aid in the U.S. economic recovery amid the pandemic, and the political pressures his administration faces from both sides of the political d…

Play U.S. President Joe Biden meets with Treasury Secretary Janet Yellen sitting in the Oval Office.

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…

April 21, 2021

Public Health Threats and Pandemics
C. Peter McColough Series on International Economics With Lawrence H. Summers

Lawrence H. Summers discusses the U.S. economic recovery, the Biden administration's stimulus and infrastructure plans, possible inflation risks, and the implications for the global economy. The C…

Play Former Treasury Secretary Larry Summers speaking with U.S. flag behind him

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)

January 9, 2015

Fossil Fuels
One More Reason to Raise the Gas Tax Now

Three months ago gas taxes were untouchable. Now, with oil prices down, they’re having a moment. Public voices from Larry Summers to Charles Krauthammer are calling for hikes. (Summers argues for a c…

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March 2, 2021

Economics
C. Peter McColough Series on International Economics With Lael Brainard

Lael Brainard of the Federal Reserve discusses the challenges facing U.S. economic recovery. The C. Peter McColough Series on International Economics brings the world's foremost economic policymak…

Play US Federal Reserve Governor Lael Brainard attends a "Fed Listens" event at the Federal Reserve headquarters in Washington, DC

July 14, 2020

Public Health Threats and Pandemics
Resurgence of COVID-19

Thomas J. Bollyky, senior fellow for global health, economics, and development, and director of the Global Health Program at CFR, discusses the resurgence of COVID-19 cases and the effects of reopeni…

Play Social distancing dividers for students are seen in a classroom at St. Benedict School, amid the outbreak of the coronavirus disease (COVID-19), in Montebello, near Los Angeles, California