Today saw the announcement of a nuclear deal between Iran and the P5+1. Center Fellow and Program Director Richard Nephew, the former Principal Deputy Coordinator for Sanctions Policy at the Department of State and lead sanctions expert for the U.S. team negotiating with Iran, offered his thoughts and commentary.
The Center’s research agenda emphasizes an economic and geostrategic approach to key energy policy areas. Current research programs encompass a wide variety of specific studies and topics, focused both on U.S. policy and specific regions around the world. Below is a list of research reports and working papers authored by Center staff and Fellows, ordered by most recent publication date.
June was a big month for climate diplomacy with announcements from China, Brazil, the US and the Vatican, among others. In his latest commentary, David Sandalow, Inaugural Fellow at the Center on Global Energy Policy, argues that the 21st annual Conference of Parties to the U.N. Framework Convention on Climate Change, set for Paris in late November, is already in part a success.
In light of pending negotiations between Iran and the P5+1 we thought you would be interested in the latest issue brief from the Center on Global Energy Policy on the relative impact of low oil prices compared to sanctions on Iran's economy. In it, co-authors Richard Nephew, the Center's Program Director for Economic Statecraft, Sanctions and Energy Markets, and Djavad Salehi-Isfahani, a Nonresident Senior Fellow at the Brookings Institution and a Professor of Economics at Virginia Tech, find that sanctions relief is essential to Iranian economic recovery, even more so than a rebound in the price of oil.
Analysts expected the June 5 OPEC meeting to be a non-event where the group would not change its production strategy. That view proved correct. But that was just one of the many things OPEC did not do last Friday. Center Fellow Colin Fenton offers this report from his time in Vienna.
The United States currently maintains an asymmetric advantage in the application of economic pressure on partners and adversaries to achieve its national goals, based on its immense economy and position in the middle of the world’s economic activity. But, it is not certain that this advantage will persist in the future or that it will be as strong, as other countries expand and develop economically. This issue brief, authored by Richard Nephew, Program Director for Economic Statecraft, Sanctions and Energy Markets at the Center on Global Energy Policy, argues that the United States should consider the possibility and implications of such a global environment and adjust its sanctions policies accordingly. Nephew is a former director for Iran at the U.S. National Security Council and was a member of the U.S. nuclear negotiating team with Iran from August 2013 to December 2014. The views expressed here are his own.
Founding Director Jason Bordoff gave a keynote lecture at the 60th Anniversary of the Marshall Scholarship. He was Introduced by Stephen Lovegrove, Permanent Secretary, Department of Energy and Climate Change, UK
Center Director Jason Bordoff and Columbia Graduate Student Akos Losz write about the causes and consequences of the 2014 oil price drop in Horizons Magazine (Spring 2015 / Issue No.3).
Today the Center on Global Energy Policy released a new study, The Renewable Fuel Standard: A Path Forward, authored by Dr. James Stock, a former Member of the President’s Council of Economic Advisers and now a Harvard economist and non-resident Fellow at the Center.
Richard Nephew, Program Director for Economic Statecraft, Sanctions and Energy Markets at the Center on Global Energy Policy, reacts to the announcement today regarding the parameters for a Joint Comprehensive Plan of Action agreed to by the P5+1 and Iran. The views expressed here are his own.
This issue brief, authored by Richard Nephew, Program Director for Economic Statecraft, Sanctions and Energy Markets at the Center on Global Energy Policy, examines the possible application of new sanctions against Iran if a deal is not achievable between Iran and the P5+1. Nephew concludes that new sanctions would be a far riskier strategy to pursue than a successful negotiation and outlines the best way to design a sanctions regime if, unfortunately, it is needed. The brief reviews the logic of sanctions and how they can be best calibrated to achieve desired effects, drawing on lessons from past sanctions experience. Nephew is a former director for Iran at the U.S. National Security Council and was a member of the U.S. nuclear negotiating team with Iran from August 2013 to December 2014. The views expressed here are his own.