Research Library

Oil will remain an important driver of America’s economic health for years to come. Any new oil policies implemented by the new administration should recognize the proven efficiency of the current oil market in adapting to change and ensure that secure, affordable oil is available even amid efforts to reduce long-term dependence on it, writes fellow Mark Finley.

This report explores the many challenges in securing minerals and materials for evolving energy needs. From lengthy project timelines to China’s control of supply chains, these obstacles are creating a multifaceted and uncertain energy landscape — and a vast range of possible energy futures.

The link from resource endowment to profitability is intimately tied to the full supply chain. In the U.S., concern about market concentration in China is motivating policy intervention to reorient supply chains in the interest of energy and national security. This is not without its obstacles, however. Michelle Michot Foss discusses how new U.S. laws intersect with the challenges of aligning materials supply chains with green energy goals amid political and economic pressures.

Yemen’s Houthi have mounted a selective counter-shipping campaign in the Red Sea that has disrupted global trade between Asia and Europe. In a new issue brief, fellow Jim Krane describes how the attacks have triggered major shipping delays and expenses for firms based in countries friendly to Israel — effectively acting as economic sanctions and demonstrating the power of a non-state actor to undermine global norms around freedom of navigation.

Progress on the UN’s sustainable development goals — aimed at achieving peace and prosperity for all people and the planet — has been slow. However, fellow Harris A. Eyre and his co-authors explain how applying a brain capital framework could change the trajectory.

Almost all of the progress the U.S. has made toward its Paris Agreement target for 2025 has come from falling CO2 emissions from energy use. But greater declines in other greenhouse gas emissions are needed to reach our goal, writes fellow Mark Finley.

Like the 1973 embargo, today’s crises have rendered the future of energy massively uncertain, write fellows Jim Krane and Mark Finley.

Under President Andrés Manuel López Obrador, Mexico is squandering a once-in-a-generation opportunity to encourage significant new foreign investment. His successor will need to reverse course, writes David A. Gantz, the Will Clayton Fellow in Trade and International Economics.

The Russian invasion of Ukraine unleashed the use of energy resources as geopolitical “weapons.” But oil and natural gas have followed markedly different paths over the past year, with unexpected results. Why? And what lessons can policymakers learn from these experiences?

Kuwait lags behind the other members of the Gulf Cooperation Council in its progress toward sustainable energy targets. Its pro-rentier democracy is slowing it down, writes visiting scholar Osamah Alsayegh.