Analysis & Opinions

Nuclear energy powerhouse Westinghouse Electric Co. filed for Chapter 11 bankruptcy on 29 March, with its parent company Toshiba writing off more than $6 billion in losses connected to its US businesses. Westinghouse was engaged in negotiations to build six AP1000 nuclear reactors in India as part of the landmark US-India civilian nuclear agreement. The bankruptcy filing raises fresh questions, not just about the fate of the reactors, but also about the future of the nuclear deal.

While the EU has been historically dependent on Russian oil and gas supplies, this dependence has proved to be a two-way street, with Russia dependent on European goods and technology. This trade has nonetheless remained asymmetrical: Russia imports equipment, consumer goods, and high value-added products (such as luxury garments, cars, and foods), while it exports raw materials.

In the cynical world of politics it is important, just occasionally, to give credit where it is due. The commitments on carbon emissions announced on Wednesday by President Barack Obama of the US and President Xi Jinping of China, supported by the significant diplomacy of Secretary of State John Kerry, are both environmentally substantive and politically influential. Between them, these countries account for 44 per cent of global carbon emissions – a share that is still rising.

With India’s new prime minister, Narendra Modi, scheduled to visit the United States next month, considerable attention has once again focused on the U.S.-India strategic partnership. Ronak Desai looks into how those relationships are shaping and where the partnership is headed.

This week, when the leaders of the G8 industrial democracies gather in France, their meeting will include discussions of what steps must be taken to strengthen global nuclear safety and global nuclear security  in the aftermath of the tragedy at Fukushima. The Belfer Center's Matthew Bunn and Olli Heinonen suggest new actions the world community should take in five key areas in order to prevent another Fukushima.

Coal-based power plants are—and will continue to be—the backbone of India’s energy engine. They currently account for about 69 out of 128-gigawatt installed capacity of utilities, and projections by the Planning Commission indicate that coal will fuel the power sector for at least the next three decades.