Category: Energy and Development

Comparative Analysis of Selected African Natural Gas Markets and Related Policies

Comparative Analysis of Selected African Natural Gas Markets and Related Policies

John Ayaburi, Shashwat Sharma, Payne Institute Senior Research Associate Dr. Greer Gosnell, and Director Morgan D. Bazilian write about the discovery of natural gas resources across the African continent that have inspired debate on how such resources should be developed and best utilized. In several African countries, the discovery of commercial quantities of natural gas reserves has led governments to explore a number of strategies, investments, and policy directions. Two contrasting cases are that of Nigeria, which has pursued policies promoting domestic natural gas consumption and export, and Ghana, which has focused on encouraging sectoral-level domestic consumption.  April 5, 2021.

Mobilizing Investment for Clean Energy in Emerging Economies 4/1/2021

Mobilizing Investment for Clean Energy in Emerging Economies

The Payne Institute is proud to be a partner organization with the World Economic Forum on their new initiative Mobilizing Investment for Clean Energy in Emerging Economies. Accelerating clean energy transitions is a global imperative for the world to address the climate emergency. The decarbonization of energy production and use will require trillions of dollars to be invested in the deployment of new clean energy capacity and energy efficiency, as well as to retire existing carbon-intensive energy infrastructure that would otherwise lock-in emissions for decades. April 1, 2021.

Governments have identified commodities essential to economic and military security 3/31/2021

Governments have identified commodities essential to economic and military security

Payne Institute Faculty Fellow Rod Eggert and Director Morgan Bazilian contribute to this article about obtaining critical minerals necessary to break the U.S. dependence on foreign production. The U.S. Defense department will help facilitate the building of facilities to process rare earths, part of an effort to secure supply independent from China.  March 31, 2021.

Why don’t environmental bonds fully cover reclamation costs? 3/17/2021

Why don’t environmental bonds fully cover reclamation costs?

Payne Institute Faculty Fellow Graham Davis and Peifang Yang write about how governments often require that extractive industry firms post environmental bonds as financial assurance to cover eventual reclamation liabilities. Such bond requirements frequently do not fully cover the reclamation cost. We show that a revenue-maximizing government may reasonably require a bond amount smaller than the full reclamation cost.  March 17, 2021.  

Climate Change Must Be Tackled as a Global Security Risk 3/10/2021

Climate Change Must Be Tackled as a Global Security Risk

Payne Institute Fellow Joshua Busby, Director Morgan Bazilian, and Florian Krampe write about how when the United Nations put out emergency appeals for modest amounts of money to help Syria with the drought that preceded its civil war, they were dramatically underfunded—member states only provided a quarter of the amount requested in 2008, and a third in 2009. The United States did not contribute.  We live in an age of “actorless threats”—where challenges to peace and security come not only from agents intentionally trying to do us harm, but also from climate change and pandemics whose impacts are no less severe.  March 10, 2021.

Women should be on the frontlines of climate action 3/8/2021

Women should be on the frontlines of climate action

Payne Institute Advisory Board member Nawal Al-Hosany writes an opinion piece about how the world faces both the immediate threats and long-term impact of climate change, and data shows that women and children are already the most affected. Globally, eight in 10 climate refugees are women. And they are exponentially more likely to die in natural disasters. Despite this, women are still too few and far between in the places and roles where they can make a difference in helping chart a clean energy future.  March 8, 2021.

The US needs partners to tackle the security risks of climate change 3/4/2021

The US needs partners to tackle the security risks of climate change

Payne Institute Fellow Joshua Busby, Director Morgan Bazilian, and Florian Krampe write about how climate change poses escalating risks to stability and security, with potentially far-reaching consequences.  The Biden administration’s presidency of the UN Security Council in March is a historic opportunity to raise the profile of climate security concerns, but the US cannot address the security risks of climate change alone.  March 4, 2021.

Understanding and Disrupting Key Convergence Nodes of the Illicit Gold and Mercury Supply Chains in Latin America and Africa 2/18/2021

Understanding and Disrupting Key Convergence Nodes of the Illicit Gold and Mercury Supply Chains in Latin America and Africa

Payne Institute Faculty Fellows Nicole Smith, Sebnem Duzgun, Strategy and Operations Manager Greg Clough, William Soud, and Katy Seguin have received an NSF award for their research on “Disrupting Operations of Illicit Supply Networks (D-ISN)” that will enhance national health, prosperity and welfare by contributing to a better understanding of illicit supply chains and the ability to detect, disrupt, and disable them. The project involves an examination and comparison of key convergence nodes in the global supply chains for illicit gold and mercury in Latin America and Africa. It specifically focuses on Peru and Kenya because of the similar characteristics they share on their respective continents as important trading hubs to other regional markets via both air and maritime transport, as well as acting as trading hubs for other illicit commodities and goods.  February 18, 2021.

ADAPTATION TO CLIMATE CHANGE IN THE MIDDLE EAST AND NORTH AFRICA 1/29/2021

ADAPTATION TO CLIMATE CHANGE IN THE MIDDLE EAST AND NORTH AFRICA

Payne Institute Fellow Jamal Saghir writes about how climate change will have dire and severe impacts on the Middle East and North Africa (MENA) region threatening all countries in the region, impacting human lives and health, and causing serious damage to natural and human-made infrastructure and resources.  The climate change challenge for the MENA countries is making development climate resilient.  January 29, 2021.