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Matt Robinson and Richard Nephew argue that the most strategic choice for Washington lawmakers to address the crisis in Venezuela was not to act, but instead to permit the situation in Venezuela  tounravel on its own. In this, the United States has demonstrated a considered approach to statecraft by avoiding the temptation to involve itself in the situation in Caracas.

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In front of the seventh Clean Energy Ministerial, David Sandalow takes stock. What has the Clean Energy Ministerial accomplished in its first seven years? What should it do for the next seven years? Sandalow offers reflections and recommendations, concluding that the Clean Energy Ministerial is making a real difference but that it can - and must - do more in the years ahead.

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Iranian elections on February 26 appear to have empowered reformist and moderate-leaning candidates, notwithstanding attempts on the part of hardline members of the Iranian government to steer the elections decisively in their own favor.

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Today, the United States, its P5+1 partners, and Iran announced that the formal Implementation Day described in the Joint Comprehensive Plan of Action (JCPOA) had been reached. This announcement followed on the report by the Director General of the International Atomic Energy Agency (IAEA), Yukiya Amano, that Iran had fulfilled all of its nuclear obligations under the JCPOA and that the agency was in a position to verify this situation going forward.

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The likely decision by the United States to impose new sanctions on Iran’s ballistic missile program and those individuals supporting it follows multiple tests of its prohibited missile systems over the past few months.

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Following the historic Paris Agreement, CGEP collected commentary on the agreement from several of our scholars and Faculty Affiliates across Columbia University.

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Fellow Bob McNally explains how OPEC abdicated the role of market manager over ten years ago--not just in the last year--and that we have already seen the results in a boom (2004–2008) and two busts (2008, 2014–2015) in oil prices. Given oil’s vital role in the global economy, financial markets, and policymaking, coping with elevated price volatility will require the sustained and smart attention of business and government leaders.

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US Energy Secretary Ernest Moniz sat down with David Sandalow at COP21 in Paris to discuss climate change and energy innovation. Secretary Moniz highlights the recent announcements of Mission Innovation and the Breakthrough Energy Coalition in the transcript below.

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A year after its decision not to cut production in the face of low prices, there is no question that OPEC is feeling the pinch of continued market weakness.

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The Paris climate conference opened yesterday and will continue for two more weeks. At the end, with a small miracle, the 194 nations participating may reach unanimous agreement on some aspects of the world’s response to climate change. But a big part of the legacy of this conference is already written. As the first day of the conference draws to a close, the Paris conference has already delivered important results.

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