Humza Khan, Northwestern University -- Energy is foundational to modern society, with the scramble to secure this resource driving large parts of history. However, at a time when the U.S. is producing more oil than ever and renewable technology is rapidly advancing, it is ironic that greater energy production and transmission are severely needed.
Tag: Energy
COMMENTARY: Power Shifts as Powers Shift: Energy Realignment After Russia’s Invasion
Eliana Svilik, Stanford University -- Global energy markets have transformed since Russia’s full-scale invasion of Ukraine shifted key resource flows, creating new winners and losers. Prior to Russia’s invasion of Ukraine, the former was the world’s second largest producer of natural gas and third largest producer of crude oil. EU member states relied on this supply for the majority of its oil and gas as part of a developed, seemingly mutual partnership. As the third anniversary of Russia’s invasion nears, changes in energy supply chains demonstrate that the U.S. and EU have largely won the concurrent energy war.
COMMENTARY: AI and the Green Transition
Sriman Thangaraj, American University -- The world sits at a critical juncture, facing unprecedented environmental challenges such as climate change and resource depletion. Amidst these pressing concerns, artificial intelligence (AI) has emerged as a powerful ally. This transformative technology holds immense potential to drive sustainability across various sectors, paving the way for a greener future.
COMMENTARY: Carbon Bigfoot: The Future of Voluntary Carbon Offset Markets
Sam Jonker, Stanford University -- When buying a plane ticket in 2024, most customers are presented with a puzzling option: to “offset” the carbon footprint of their flight for the low cost of around $20. As pressures to decarbonize continue to grow, airlines—and heavy industries alike—have been embracing novel solutions to reduce their carbon footprint. One solution—carbon offsetting—has grown to be a $5.5 billion industry, with shared support from both petroleum companies and environmental activists.
BLOG: Cap-and-Trade and Environmental Justice: A Study of California’s RECLAIM Program
By Aidan Acosta, Middlebury College -- Cap-and-trade has been shown by previous studies to be at least as effective as prescriptive regulation at reducing air pollution. However, regulators must ensure that the dispersion of emissions that is dictated by the market is environmentally just in order for cap-and-trade to be a viable solution.
Crude Oil Price: An Indicator of Consumer Spending
By Natalie Li and Eva Lin. New York University.
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As the most major source of energy, crude oil has a significant impact on political and economic dynamics around the globe. The price of oil, therefore, directly and indirectly affects our daily lives.
Hydraulic Fracturing Regulation: State-Level Policy Factors and Regulatory Stringency
By John Iselin. Reed College.
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Hydraulic fracturing is a method of oil and natural gas extraction that allows access to new sources of fossil fuels, but raises new and difficult questions of environmental...
