Morgan D. Bazilian

Este archivo solo abarca los artículos del autor incorporados a este sitio a partir del 1 de diciembre de 2006. Para fechas anteriores realice una búsqueda entrecomillando su nombre.

Lithium evaporation ponds in Silver Peak, Nevada, October 2022. Carlos Barria / Reuters

After decades of foot-dragging in the United States, there is now momentum to tackle climate change. In August 2022, Congress passed the Inflation Reduction Act, a landmark piece of legislation that directs more than $1 trillion in subsidies and incentives toward clean energy production. This follows legislation such as the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act, and the Infrastructure Investment and Jobs Act. All include investments in clean energy. Elsewhere, countries such as China, Japan, and Korea announced net-zero carbon emissions goals. The European Union, meanwhile, has been a leader on climate change for years, as evidenced most recently by the European Climate Law, which explicitly set the goal to be carbon neutral by 2050.…  Seguir leyendo »

A painted map of the Nord Stream 2 pipeline from Russia to Germany at the natural gas receiving station in the Lubmin industrial estate in Lubmin, Germany. Credit Stefan Sauer/DPA, via Associated Press

Russia’s unprovoked invasion of Ukraine has pressed Europe to fundamentally rethink how it keeps its lights on and its industries powered. Steps that would have sounded crazy only a few weeks ago — burning more coal or scaling up government intervention in energy markets — are now urgently needed to stop financing Vladimir Putin’s war.

The crisis has shown just how dependent Europe has allowed itself to become on Russian natural gas, oil, coal and even nuclear fuel, which makes the continent particularly vulnerable to any move by Russia to weaponize its energy dominance. Now, at long last, Europe has set about making a profound course correction.…  Seguir leyendo »

Cooling towers at the Jaenschwalde lignite-fired power station beyond a conveyor bridge at the Jaenschwalde open-cast lignite mine in Jaenschwalde, Germany. (Krisztian Bocsi/Bloomberg)

Reducing coal use around the world is critical for decreasing air pollution and addressing climate change, yet global coal consumption continues to grow in some regions. At the recent U.N. climate negotiations, countries agreed to “phase down” coal use. More than 40 countries — but not the United States or China — pledged at COP26 to phase out coal completely by 2030-2040, all while supporting affected communities, investing in clean alternatives and ensuring universal electricity access.

Achieving these goals won’t be easy, or cheap — and that’s where innovative financing comes in. Our research suggests that getting the right financial structures in place can help countries bring the dirtiest forms of power offline faster and accelerate new clean energy deployment.…  Seguir leyendo »