As tensions rise in the Strait of Hormuz, Ilan Goldenberg, Jessica Schwed, and Kaleigh Thomas examine three scenarios for military conflict between Iran and the United States and assess the potential impacts on global oil prices—as one specific representation of the immediate economic impact of conflict—as well as broader strategic implications.
Writing for the Financial Times, non-resident Fellow Jamie Webster explains that the IMO energy transition, with its clear date and standards, provides valuable lessons for the larger energy transition.
Dr. Noah Kaufman, John Larsen, Peter Marsters, Hannah Kolus, and Shashank Mohan analyze the Energy Innovation and Carbon Dividend Act (EICDA), introduced in February 2019 by lead sponsor Ted Deutch (D-FL).
Some regard Latin America as the world’s new oil frontier, and think that the region could potentially add three million barrels per day to global output during the next decade. Mauricio Cárdenas explains that although Brazil is well placed to ramp up production, Mexico and Venezuela seem unlikely to reverse declining production anytime soon.
Daniel Raimi, Ronald Minsk, Jake Higdon and Alan Krupnick explore whether the federal government can and should intervene to reduce the challenges associated with economic volatility and offer recommendations for intervention.