Energy

From July 11-12, 2023, NATO leaders gathered in Vilnius, Lithuania for one of the most significant NATO summits in history. This timely brief by Eric Rosenbach, Grace Jones, and Olivia Leiwant serves as a background piece on Ukraine’s history with NATO, potential future pathways for accession, and the operational impact Ukraine’s NATO membership could have on the alliance. 

Rosatom has had a terrible record in Ukraine, including the annexation and illegal occupation of the Zaporizhzhia nuclear power plant in southeastern Ukraine. The United Kingdom and the United States have applied some sanctions on Rosatom-connected entities, targeting members of company leadership, the sham Zaporizhzhia joint-stock company, and some Russian nuclear research centers. But several European countries are dependent—some entirely—on Rosatom’s products to support their nuclear power plants and energy security profiles. Some European utilities have demonstrated great urgency to develop alternative suppliers to Rosatom, the Russian global company that has largely maintained its dealings in nuclear fuel and construction of new reactors across the European market.

Why do we think Vladimir Putin will not use “the bomb” when there is so much evidence that he will?

The price cap on Russian oil implemented today by the G7 countries plus Australia represents a novel approach to sanctions. The policy is designed to reduce Russian fossil fuel revenues while keeping Russian oil on the market. In this brief, Catherine Wolfram, Simon Johnson, and Łukasz Rachel explain the basic economic principles at work and discuss some of the critiques of the price cap. 

The price cap on Russian oil implemented today by the G7 countries plus Australia represents a novel approach to sanctions, according to a policy brief authored by Catherine Wolfram, Simon Johnson, and Łukasz Rachel and released today by Harvard Kennedy School’s Belfer Center for Science and International Affairs and the Mossavar-Rahmani Center for Business and Government. 

The post-pandemic demand for energy combined with the war in Ukraine and subsequent gas shortages have created a global energy crisis. That is the assessment offered by renowned global energy expert Daniel Yergin in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.

For many, integrating “decarbonization” into public policy, corporate and financial strategies has become a requirement, not an option — yet, what happens when the critical link between climate stability and decarbonization breaks?

Joseph Nye writes that even at this early stage, there are at least eight lessons— some old, some new— that the world is learning (or relearning) from the war in Ukraine.

In this episode of "Intelligence Matters," host Michael Morell speaks with former senior CIA operations officer and Moscow station chief Rolf Mowatt-Larssen about the likely trajectory of the war in Ukraine, including the possibility of a negotiated peace — or dangerous escalation. Mowatt-Larssen offers insights on Putin's options, potential rifts among his intelligence agencies, and persistent rumors about the Russian leader's health. Morell and Mowatt-Larssen also discuss Western involvement in the conflict and the lingering potential for the Kremlin to use weapons of mass destruction. 

By many measures, Russia’s state-controlled nuclear energy company, Rosatom, has primacy in the global nuclear energy market. At any given moment, the firm provides technical expertise, enriched fuel, and equipment to nuclear reactors around the world. The Russian invasion of Ukraine and, more acutely, the Russian military’s dangerous actions at the Zaporizhzhia nuclear power plant and in the Chernobyl exclusion zone have many countries rethinking their dependence on Russian nuclear products and searching for alternatives. Additionally, the ensuing global effort to cripple Russian access to international markets calls into question the viability of current contracts, government licensing, and financial instruments involved in Russia’s nuclear exports.