Wolak's climate op-ed featured in the UK GuardianOp-ed: UK Guardian on February 5, 2011
PESD Director Frank Wolak explain how the unknown price tag of carbon and uncertainty of US National climate policy are impeding on investments for oil substitutes.
Nolan and Thurber identify risk as a major driver of whether countries use private or state-owned oil companies
In a new working paper, PESD affiliate Peter A. Nolan and associate director Mark Thurber find that considerations of risk help explain why oil-rich states may choose international oil companies rather than state-controlled enterprises to find and extract oil in "frontier" territories.
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New PESD Working Paper explains China's dramatic surge in coal imports and its major impact on global coal marketsAnnouncement
PESD researchers Morse and He devise a model that explains Chinese coal import patterns and that can allow the coal market to understand, and to some degree predict, China's coal import behavior in PESD Working Paper #94 - "The World's Greatest Coal Arbitrage: China's Coal Import Behavior and Implications for the Global Coal Market."
- » The World's Greatest Coal Arbitrage: China's Coal Import Behavior and Implications for the Global Coal Market
PESD Working Paper #90 featured in China Dialogue's two-part article seriesin the news: China Dialogue on June 11, 2010
China Dialogue summarized PESD Working Paper #90 - Making Carbon Offsets Work in the Developing World: Lessons from the Chinese Wind Controversy by PESD Researchers Gang He and Richard Morse in their two-part article series titled "Lessons from Controversy"
- » Global Coal Markets
- » China Dialogue Article Part One/English
- » China Dialogue Article Part Two/English
- » China Dialogue Article Part One/Chinese
- » China Dialogue Article Part Two/Chinese
PESD releases study of Norway's national oil company Statoil
Norway is lauded as the rare example of a major oil and gas exporting country that has managed to avoid the "resource curse." A new study by PESD Associate Director Mark Thurber and Consulting Research Associate Benedicte Tangen Istad looks more closely at the Norwegian petroleum experience and the role of national oil company Statoil in it. The reality is messy and political but nonetheless an impressive story of how Norway built a vibrant domestic oil and gas industry on the back of national champion Statoil and a robust system of governance that could curb Statoil's excesses as needed at a few key junctures.
PESD invited to World Bank meeting on CDM reform
Researcher Richard Morse attended a World Bank consultation focusing on finding solutions to problems in the global carbon market (CDM). The meeting took place in Frankfurt on May 4th where Richard presented recent PESD research findings from working paper #90 "Making Carbon Offsets Work in the Developing World: Lessons from the Chinese Wind Controversy," and proposed possible policy options for carbon market reform.
PESD's latest research on the Chinese wind CDM controversy was featured in Caixin Media's New Century Magazinein the news: Caixin Media's New Century Magazine on April 5, 2010
Caixin Media features PESD's working paper "Making Carbon Offsets Work in the Developing World: Lessons from the Chinese Wind Controversy" by researchers Gang He and Richard Morse. The article highlights Gang He's analysis and comments on the Chinese wind CDM controversy, CDM investment, and reform options.