FSI researchers examine the role of energy sources from regulatory, economic and societal angles. The Program on Energy and Sustainable Development (PESD) investigates how the production and consumption of energy affect human welfare and environmental quality. Professors assess natural gas and coal markets, as well as the smart energy grid and how to create effective climate policy in an imperfect world. This includes how state-owned enterprises – like oil companies – affect energy markets around the world. Regulatory barriers are examined for understanding obstacles to lowering carbon in energy services. Realistic cap and trade policies in California are studied, as is the creation of a giant coal market in China.
Natural Gas in the Energy Futures of China and India
The role of natural gas in Chinese and Indian economies is of critical import both domestically and for global energy and environmental issues. The competition between coal and natural gas in these two markets has tremendous implications for local air pollution and for climate change. Rising demand for imported gas in China and India will also shape the LNG market in the Pacific Basin and could lead to the construction of major international pipeline projects to monetize gas supplies in Russia and the Middle East.
PESD has partnered with leading regional research centers in both China and India to construct detailed assessments of the key drivers for future gas demand in both countries. Papers are available on requests and presentations for download below.
Bechtel Conference Center
National Oil Companies: Performance and Strategy
The NOC study will be a two year effort, starting with six case studies to test the methods of research. Eventually the research will include 15 cases and a concluding report of general findings. At the midpoint of the effort, PESD hosted a meeting of interim findings on the study April 19th and 20th, 2007 to take stock of the progress to date and the direction of further research.