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  • Author: Phil Thornton
  • Publication Date: 07-2020
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The world is facing unprecedented health and economic crises that require a global solution. Governments have locked down their economies to contain the mounting death toll from the COVID-19 pandemic. With this response well underway, now is the time to move into a recovery effort. This will require a coordinated response to the health emergency and a global growth plan that is based on synchronized monetary, fiscal, and debt relief policies. Failure to act will risk a substantial shock to the postwar order established by the United States and its allies more than seventy years ago. The most effective global forum for coordinating this recovery effort is the Group of 20 (G20), which led the way out of the global financial crisis (GFC) in 2009, the closest parallel we have to the current catastrophe. Eleven years ago, world leaders used the G20 meeting in London as the forum to deliver a unified response and a massive fiscal stimulus that helped stem economic free fall and prevented the recession from becoming a second Great Depression. A decade on, it is clear that the G20 is the only body with the clout to save the global economy. This does not mean that the G20 should be the only forum for actions for its member states. The United States, for example, should also work closely with like-minded states that support a rules-based world order, and there are many other fora where it can and must be active with partners and allies. But no others share the G20’s depth and breadth in the key focus areas for recovery. The other multilateral organizations that could take up the challenge lack either the substance or membership. The United Nations may count all countries as members but is too unwieldly to coordinate a response. The International Monetary Fund (IMF) has the resources but requires direction from its 189 members. The Group of Seven (G7), which once oversaw financial and economic management, does not include the fast-growing emerging economies. The G20 represents both the world’s richest and fastest-growing countries, making it the forum for international collaboration. It combines that representation with agility.
  • Topic: Security, Energy Policy, G20, Global Markets, Geopolitics, Economy, Business , Trade, Coronavirus, COVID-19
  • Political Geography: China, Middle East, Canada, Asia, Saudi Arabia, North America, United States of America
  • Author: Robert F. Ichford
  • Publication Date: 01-2020
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Governments across South Asia face many challenges as they seek to improve the lives of the more than 1.8 billion people that live in the region. Increasing geopolitical competition—especially between and among China, Russia, and the United States—is one factor that is affecting progress. This “great power competition,” including over the South China Sea, is intertwined with regional rivalries (e.g., India and Pakistan, India and China, and the United States and Iran) and has important economic, military, technological, and environmental consequences. Energy is a key strategic sector in this competition as China pursues its expansive Belt and Road Initiative (BRI) infrastructure and trade vision, Russia uses arms sales and nuclear energy to expand its regional presence, and the United States confronts Iran and gears up its free and open Indo-Pacific Strategy and Asia EDGE (Enhancing Development and Growth through Energy) initiative. This issue brief considers the transformation of the electricity sector in Bangladesh. It is the fourth country analysis in the Atlantic Council’s “Transforming the Power Sector in Developing Countries” series. This issue brief applies to Bangladesh the analytical framework developed in the first report in the series, which presents general challenges and strategic priorities for developing countries in the context of their implementation of electric power policies and reforms following the 2015 Paris Agreement on climate change.
  • Topic: Security, Climate Change, Energy Policy, Markets, Oil, Governance, Geopolitics, Gas, Renewable Energy, Fossil Fuels, Transition
  • Political Geography: Bangladesh, South Asia, Asia
  • Author: Pepe Zhang
  • Publication Date: 10-2019
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Four new BRI trends to watch: (i) enforcement of transparency, debt, and environmental safeguards; (ii) growing participation of the private sector; (iii) the role of the advanced economies in BRI; and (iv) new BRI sectors beyond infrastructure Governments and companies in Latin America and the Caribbean should engage and help shape an evolving BRI, mindful of both the opportunities and risks involved The United States can play a key role in setting standards for economic development projects in the region and beyond
  • Topic: Energy Policy, Environment, Financial Markets, Trade
  • Political Geography: China, Asia, South America, Latin America
  • Author: Pinar Dost-Niyego, Orhan Taner
  • Publication Date: 04-2014
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The recent events in Ukraine have revived the question of European dependence on Russian natural gas. The security of Europe's natural gas supply has been a consistently important issue in Russian-European Union (EU) relations. Russia provided 34 percent of EU gas in 2012, and Russian policies can have a direct impact on EU supplies. After the West-Russian confrontation over Ukraine, a lot has been said about the 'US shale gas revolution' and the possibilities of the United States becoming an energy exporter for future European energy needs. Although US energy independence seems to promise new perspectives for future European energy security, as well as for the balance of power in the Middle East, this is not for this decade. We cannot expect that the European Union would be able to cut off all of its energy relations with Russia, but we can foresee–or at least agree–that the European Union should diversify its natural gas supplies.
  • Topic: Security, Foreign Policy, Economics, Energy Policy
  • Political Geography: Russia, United States, Europe, Ukraine, Middle East, Asia
  • Publication Date: 03-2008
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The 2007 U.S.-China Energy Security Cooperation Dialogue was held in a period when a broad range of activities and policy recommendations have been proposed to address global energy security and environmental issues. The Dialogue identifi ed a number of further steps that China and the United States could cooperatively undertake to accelerate developments.
  • Topic: Economics, Energy Policy, Environment, Bilateral Relations
  • Political Geography: United States, China, Asia, North America
  • Publication Date: 05-2008
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Because of their significant contribution to global demand for improved living standards, meaningful actions by the United States and China on transportation and energy will be important in any effort to reduce global consumption of traditional energy sources. Together the United States and China consume 40% of the world's energy and are responsible for 50% of the world's greenhouse gas emissions. Given their economic size and impact on global markets, it is imperative that the U.S. and China join in a mutually beneficial process.
  • Topic: Economics, Energy Policy, Environment, Bilateral Relations
  • Political Geography: United States, China, Asia, North America
  • Publication Date: 06-2007
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: The Atlantic Council of the United States and the China Institutes of Contemporary International Relations organized the first "U.S.-China Energy Security Cooperation Dialogue," held in Beijing on 31 October-1 November 2006. Conference participants included foreign policy analysts and energy experts from the U.S. and Chinese governments, international organizations, non-governmental organizations, and universities in both the United States and China. The agenda covered a broad spectrum of energy and energy-related geopolitical issues, including long-range forecasts for energy supply and demand, energy sources ranging from oil and gas to coal, nuclear and renewables.
  • Topic: Climate Change, Energy Policy, International Cooperation
  • Political Geography: United States, China, Beijing, Asia
  • Author: Richard L. Lawson, Donald L. Guertin, Shinji Fukukawa, Kazuo Shimoda
  • Publication Date: 11-2000
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Given the dramatic increases in economic growth, energy use and attendant environmental problems in Asia, it is timely for Japan and the United States to increase their bilateral cooperation and cooperation with other Asian countries in the energy field as an integral part of their efforts to help Asia achieve sustainable development. The magnitude of growth in Asia in energy use is well illustrated, for example, by a projected doubling in China from 1990 to 2020. Projections indicate energy demand in China could triple by 2050, relative to 1990. These increases are not only of great significance to individual Asian economies, but also globally, as projections indicate that most of the growth in energy demand in the next century will occur in Asia (and principally in China and India). Achievement of such growth in energy demand, to improve the living standards of the 3.3 billion Asians that now represent about half of the world's population, is essential from the viewpoint of equity, social development and the economic well-being of people throughout Asia.
  • Topic: Energy Policy, International Cooperation
  • Political Geography: United States, China, Israel, East Asia, Asia
  • Author: Donald L. Guertin, Richard E. Balzhiser, Christian Gobert, William J. Dirks, Joy C. Dunkerley, Stephen P. Pettibone
  • Publication Date: 02-1999
  • Content Type: Policy Brief
  • Institution: Atlantic Council
  • Abstract: Despite the recent global economic slowdown, the demand for energy services is bound to increase over the long term in order to provide improved living standards for growing populations, in particular in developing countries. In recognition of its unique characteristics, the demand for electricity will rise even faster than total energy. Several studies present scenarios that show a doubling of global installed capacity over the next twenty years.
  • Topic: Energy Policy, Nuclear Weapons
  • Political Geography: United States, Asia