Why Japan’s utility firms want to pull the plug on destination restrictions for LNG supply
A hardened feature of long-term LNG contracts, the destination clause, is coming under renewed scrutiny as the quest for flexibility gathers momentum.
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In a working paper jointly published by the Center on Global Energy Policy, the Belfer Center at the Harvard Kennedy School and the Norwegian Institute of International Affairs, the authors — including CGEP Inaugural Fellow David Sandalow — explore geopolitical issues that could accompany the widespread deployment of renewable energy technologies. Following an overview of six renewable energy scenarios for the coming decades, the paper outlines seven mechanisms through which renewable energy technologies could shape geopolitics:
The paper notes the need for further research on all these topics and concludes by providing options for further analysis.
November’s election for president of the United States will have crucial implications for the nation’s and world’s energy and climate policies.
Why is the United States struggling to enact policies to reduce carbon emissions? Conventional wisdom holds that the wealthy and powerful are to blame, as the oligarchs and corporations that wield disproportionate sway over politicians prioritize their short-term financial interests over the climate’s long-term health.