The Higher Road: Forging a U.S. Strategy for the Global Infrastructure Challenge

The Higher Road: Forging a U.S. Strategy for the Global Infrastructure Challenge. Center for Strategic & International Studies. Matthew P. Goodman et al. April 23, 2019

Over the next 15 years, more hard infrastructure is projected to be built around the world than currently exists. This global build-out is already underway, and the changes it brings will only accelerate. Infrastructure projects, especially in the transport, energy, information and communications technology (ICT), and water sectors, have long been recognized as the backbone of modern economies. Going forward, emerging digital infrastructure, including fifth-generation (5G) networks, remote sensing, and other advanced technologies, will be especially critical. As our infrastructure is transformed, so will be the economies it fuels, the regions it connects, and the global commons it underpins. These trends are too powerful and potentially beneficial for the United States to stop, and too consequential to ignore. [Note: contains copyrighted material].

[PDF format, 61 pages].

Advertisements

The Value of Energy Tax Incentives for Different Types of Energy Resources

The Value of Energy Tax Incentives for Different Types of Energy Resources.  Congressional Research Service. Molly F. Sherlock. March 19, 2019

The U.S. tax code supports the energy sector by providing a number of targeted tax incentives, or tax incentives available only for the energy industry. Some policymakers have expressed interest in understanding how energy tax benefits are distributed across different domestic energy resources. For example, what percentage of energy-related tax benefits support fossil fuels (or support renewables)? How much domestic energy is produced using fossil fuels (or produced using renewables)? And how do these figures compare?

[PDF format, 16 pages].

The Changing Role of Energy in the U.S. Economy

The Changing Role of Energy in the U.S. Economy. Center for Strategic & International Studies. Sarah Ladislaw, Jesse Barnett. March 29, 2019

The CSIS Energy Program conducted research, commissioned papers, held a workshop, and developed this report on the changing role of energy in the U.S. economy. The purpose is twofold: (1) improve understanding of how energy impacts the U.S. economy at multiple levels; and (2) evaluate the performance of policies designed to create economic opportunity in the energy sector.

The research, commissioned papers, and workshop culminated into this final report, The Changing Role of Energy in the U.S. Economy. The report identifies 13 propositions, which represent the emerging energy issues that policymakers might not be aware of and the areas in which the research community could make further contributions. [Note: contains copyrighted material].

[PDF format, 35 pages].

Attaching a Price to Greenhouse Gas Emissions with a Carbon Tax or Emissions Fee: Considerations and Potential Impacts

Attaching a Price to Greenhouse Gas Emissions with a Carbon Tax or Emissions Fee: Considerations and Potential Impacts.  Congressional Research Service. Jonathan L. Ramseur, Jane A. Leggett. March 22, 2019

The U.S. Fourth National Climate Assessment, released in 2018, concluded that “the impacts of global climate change are already being felt in the United States and are projected to intensify in the future—but the severity of future impacts will depend largely on actions taken to reduce greenhouse gas [GHG] emissions and to adapt to the changes that will occur.” Members of Congress and stakeholders articulate a wide range of perspectives over what to do, if anything, about GHG emissions, future climate change, and related impacts. If Congress were to consider establishing a program to reduce GHG emissions, one option would be to attach a price to GHG emissions with a carbon tax or GHG emissions fee. In the 115th Congress, Members introduced nine bills to establish a carbon tax or emissions fee program. However, many Members have expressed their opposition to such an approach. In particular, in the 115th Congress, the House passed a resolution “expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.”

[PDF format, 40 pages].

The Tech-Enabled Energy Future: Transition by Design

The Tech-Enabled Energy Future: Transition by Design. Council on Foreign Relations. Amy Myers Jaffe March 08, 2019

A new wave of energy innovation is remaking the transportation, electricity, and manufacturing sectors. This so-called fourth industrial revolution is already creating great uncertainty about the future energy landscape, lessening common interests between oil-producing nations and the world’s largest economies. [Note: contains copyrighted material].

[PDF format, 30 pages].

Federal Lands and Related Resources: Overview and Selected Issues for the 116th Congress

Federal Lands and Related Resources: Overview and Selected Issues for the 116th Congress. Congressional Research Service. Katie Hoover et al. March 18, 2019

The Property Clause in the U.S. Constitution (Article IV, §3, clause 2) grants Congress the authority to acquire, dispose of, and manage federal property. The 116th Congress faces multiple policy issues related to federal lands and natural resources. These issues include how much and which land the government should own and how lands and resources should be used and managed. These issues affect local communities, industries, ecosystems, and the nation.

[PDF format, 34 pages].

Climate Change Impacts on Power Systems

Climate Change Impacts on Power Systems. YaleGlobal. Debabrata Chattopadhyay, Morgan D. Bazilian and Mohar Chattopadhyay. February 5, 2019

Climate change threatens all industries with storms, wildfires, droughts, heat waves and rising seas, and the energy industry has no special standing. “Together, these risks can lead to power outages, increased electricity prices and increased maintenance, and capital costs – along with damaging economic, environmental, and public health consequences,” explain Debabrata Chattopadhyay, Morgan Bazilian and Mohar Chattopadhyay. “Growing evidence now suggests the entire energy supply chain, particularly power generation transmission and distribution, is vulnerable to climate change and disaster events.” Pacific Gas & Electric Company declared bankruptcy following the fierce wildfires that tore through Northern California in November, and other power companies in places as diverse as the New York metropolitan region and Bangladesh prepare. The three researchers call for a resilience-focused approach: hardening power systems, anticipating climate risks for any planning and investments, and relying on state-of-the-art technologies for adaptation. The power industry is large, complex and essential, and the writers urge equal attention on mitigation and adaptation. [Note: contains copyrighted material].

[HTML format, various paging].