PESD releases Dr. Bart Lucarelli's cutting edge analysis of one of the world's fastest growing and most important coal marketsAnnouncement
In PESD's Working Paper #93 - The History and Future of Indonesia's Coal Industry: Impact of Politics and Regulatory Framework on Industry Structure and Performance, Dr. Lucarelli tells the story of how Indonesia created this world-scale industry over two decades despite challenges created by widespread government corruption, a weak legal system, the Asian Financial Crisis of 1997, and the fall of the Soeharto government in 1998. Read more »
in the news: The Washington Post on August 11, 2009
A Washington Post article on 11 August 2009 titled "Coal's Future Wagered on Carbon Capture" by Steven Mufson quoted PESD research on the economics and scale of carbon capture and storage (CCS). The article discusses the need for CCS at scale, and also highlights the technological and cost challenges of CCS. Read more »
Op-ed: Newsweek International on February 14, 2009
David Victor pinpoints some of the challenges ahead for the new Obama administration with respect to a coherent, national climate change policy. It will be tough to make Copenhagen successful if the U.S. lacks a national strategy to show off. Victor says that might be a good thing in that it will force the U.S to spend some time crafting real climate change policy leadership. Read more »
PESD releases new working paper on challenges to deployment of carbon capture and storage technology
PESD researchers Varun Rai, David Victor, and Mark Thurber find that the conventional wisdom used for deployment and diffusion of technologies is not applicable when thinking about deployment of carbon capture and storage (CCS).
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PESD affiliates review history and application of standard model for power sector reformin the news: Energy Policy on October 1, 2008
University of Cape Town and PESD affiliates Katharine Nawaal and Anton Eberhard examine how and why the standard model for power sector reform failed to be widely adopted by developing countries. The authors use Tanzania as a case study. They conclude by characterizing the emergence of hybrid power markets.
Victor Pulls Back the Curtain; OPEC is No Wizard of the Oil MarketsOp-ed: Newsweek on August 1, 2008
In a climate of extremely volatile energy prices, OPEC is taking directions from the market, not calling the shots. David Victor's analysis of OPEC's price targets and quotas illuminate the cartel's diminished influence.
Gazprom case study released
Russia's Gazprom is among the largest companies in the world, and by far the world's largest producer of natural gas, with close to a 20% share. Driven by its political masters, it continues to consolidate control over Russia's vast oil and (especially) gas resources, and many Western observers are worried by its international expansion into downstream assets. In a new study of the energy giant, Nadejda Victor details the ways in which Gazprom's actions are distorted by political demands and by the inefficiency of the Russian economy, suggesting that it is headed for a production crisis if business and investment considerations don't start to take a higher priority. Read more »