Browsing by Author "Finley, Mark"
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Item Climate change, the energy sector and financial risk(James A. Baker III Institute for Public Policy, 2020) Finley, Mark; James A. Baker III Institute for Public PolicyItem Climate Policy in 2021: An Opportunity for Bipartisan Action(2021) Krane, Jim; Medlock, Kenneth B. III; Finley, Mark; Maher, Michael D.; James A. Baker III Institute for Public PolicyItem Energy Transition, Energy Security, and Affordable Fuel: How the Energy Crisis Can Help Policymakers 'Thread the Needle'(James A. Baker III Institute for Public Policy, 2022) Mikulska, Anna; Finley, Mark; James A. Baker III Institute for Public PolicySpiking prices and the Russia crisis highlight the centrality of energy to our modern economy. No political leader who is seen as failing to deliver affordable, reliable energy today can survive in office long enough to successfully tackle climate change. But the evidence shows that society & policymakers don’t need to approach this as an ‘either-or’ proposition. We need to acknowledge the reality of the energy system today even as we work to change it rapidly. The current crisis gives us an opportunity to have a more realistic conversation about the role of energy in our lives AND the need for change. The failure of integrating climate policy and energy security/affordability in the past in the EU is forcing them now to consider policies going forward to address both simultaneously. The US so far emphasizes the objectives separately (and frequently seemingly in conflict with each other)—although we see early indications that this may be changing. We can set the stage for a successful transition IF we can acknowledge that we need a framework that drives a rapid transition while also providing the secure affordable energy society needs today.Item Price War and Pandemic: The Oil Market Reaction(2020) Finley, Mark; Krane, Jim; Medlock, Kenneth B. III; James A. Baker III Institute for Public PolicyItem Reroute, Reduce, or Replace? How the Oil Market Might Cope With a Loss of Russian Exports After the Invasion of Ukraine(2022) Finley, Mark; Krane, Jim; James A. Baker III Institute for Public PolicyItem The Best and Worst of Times Each Require Competitive Resolve for the Oil and Gas Industry(2020) Medlock, Kenneth B. III; Finley, Mark; James A. Baker III Institute for Public PolicyItem Time to Update America's Energy Security Programs(James A. Baker III Institute for Public Policy, 2021) Medlock, Kenneth B. III; Finley, Mark; James A. Baker III Institute for Public PolicyEven though the United States has achieved the long-sought goal of energy self-sufficiency, energy security remains a strategic and economic challenge. Despite “self–sufficiency,” the U.S. still imports significant quantities of oil and natural gas, as well as solar panels and wind turbine components, and prices for all of these products reflect global market dynamics. Traditional concerns about global supply disruptions remain, and new risks have also emerged. Domestic energy availability can be impacted by storms, terrorism, and cyber threats. Moreover, the rapid growth of renewable energy (and batteries) may help mitigate conventional concerns about fossil fuels but may also reveal new risks. The U.S. and its allies have a cooperative system for dealing with oil supply disruptions, including a large domestic strategic crude oil stockpile, but there is no similar domestic or international framework for dealing with other, emerging risks. The U.S. can aid the transition to a lower-carbon energy system by providing assurance that risks associated with that transition can be understood and managed, both at home and by working cooperatively with allies (as has long been the case for oil security).Item The US Response to Attacks on Persian Gulf Oil Infrastructure and Strategic Implications for Petro-States(James A. Baker III Institute for Public Policy, 2019) Krane, Jim; Finley, Mark; James A. Baker III Institute for Public Policy