Reports

The Center fosters dissemination of research on energy policy within Columbia and in the broader academic, business, professional, and public policy communities. While much of the research produced by scholars affiliated with the Center ultimately appears in scholarly books and professional journals, we also publish interesting, rigorous, and topical papers directly. All research produced through the Center is available for free via download on our website.

Report

Richard Nephew

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.

Report

Center on Global Energy Policy

Today the Center on Global Energy Policy released a new study, "The US Shale Gas Revolution and its Impact on Qatar's Position in Gas Markets", that examines how Qatar may be impacted by major changes to the global LNG market, especially the development of US LNG exports, what those changes mean for Qatar’s revenues and the options it has to respond to new global competition. The study, a collaboration with the Oxford Energy Institute for Energy Studies, was co-authored by Bassam Fattouh, Howard Rogers and Peter Stewart.

Report

Richard Nephew

Sanctions imposed by the United States and its partners against Iran’s oil sector have had a major impact in debilitating both the sector itself and the broader economy. It is likely that this sector will be the target of additional pressure should the international sanctions campaign against Iran be renewed in full. 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 recent history of Iran oil sanctions and seeks to draw lessons for their renewed application.

Report

Adrian Lajous

As the debate around US crude oil exports grows and Pemex is reported to have sought a license to export crude to the US as part of an exchange, the Center on Global Energy Policy today released a new issue brief that examines the potential for crude exchanges from the Mexican perspective, including the reasons Mexico might seek additional supplies and under what conditions it would make sense. The brief was authored by Center Fellow Adrian Lajous, who served as the Director General of Pemex (CEO) and Chairman of the boards of the Pemex group of operating companies from 1994 to 1999. The views expressed are those of the author.

Report

Jason Bordoff

Today the Center on Global Energy Policy released a new study, Navigating the U.S. Oil Export Debate, that reviews the origin and current form of U.S. crude export restrictions and analyzes the energy market, economic, security, geopolitical, trade and environmental implications of modifying or lifting those restrictions. The study, a collaboration between the Center and the Rhodium Group, was co-authored by Jason Bordoff and Trevor Houser.

Report

Adrian Lajous

The steep decline in crude prices over the past five months has put a spotlight on many oil exporting countries and the pressures they face due to lower revenues. As part of the Center on Global Energy Policy’s examination of the effect of lower prices on the global economy and geopolitics, Center Fellow Adrian Lajous explored the implications for Mexico in the following policy brief. Mr. Lajous served as the Director General of Pemex (CEO) and Chairman of the boards of the Pemex group of operating companies from 1994 to 1999. The views expressed here are those of the author.

Report

Jason Bordoff, Dr. James Stock

For the United States, new questions are emerging about the economic impact of lower oil prices. The US is now the world’s largest petroleum producer and consumer, so lower prices creates both economic winners and losers. This policy brief explores the overall economic impacts of a sharp drop in oil prices for the United States.

Report

Robert McNally

A combination of slowing global demand, recovering Libyan output, and strong US supply growth has caused a steep decline in oil prices. Many oil market participants are now eyeing OPEC, and specifically Saudi Arabia, to see if it will reduce production in order to support oil prices. Robert McNally, fellow for the Center on Global Energy Policy and President of The Rapidan Group, explores this complex issue and its repercussions in the following policy brief. The views expressed are his own.

Report

Jason Bordoff

The Center on Global Energy Policy released a new report today, "American Gas to the Rescue? The Impact of US LNG Exports on European Security and Russian Foreign Policy,” co-authored by Jason Bordoff, Founding Director, Center on Global Energy Policy, and Trevor Houser, Partner, Rhodium Group. As Western governments have responded to Russia’s continued efforts to destabilize Ukraine, the potential for US natural gas exports to inflict economic pain on Moscow and undermine its influence in Europe have made for some eye-catching headlines. To cut through the hyperbole surrounding this issue, the authors undertook a study that provides a cool-headed examination of the impact of US LNG exports on European energy security and Russian foreign policy.

Report

David Sandalow

During July 2014, a team led by Columbia University’s Center on Global Energy Policy conducted several dozen interviews on Chinese shale gas policies. Individuals interviewed were from central government ministries, provincial government ministries, state-owned enterprises, independent oil and gas companies, oil and gas service companies, law firms, environmental groups, consultancies and universities. The team also surveyed the Chinese and English-language literature on the Chinese shale gas sector. Based on those interviews and that research, the team provides this report as a resource for discussions in the months and years ahead.

Pages