China


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America’s 66-Year War (and Counting)

, China project manager and senior analyst

The “forgotten war” that institutionalized the division of the Korean peninsula—a war that has not ended—might have been avoided if the United States and the People’s Republic of China had come to terms with each other in 1949 instead of 1979. Sixty-six years on, as the Kim dynasty develops nuclear weapons, mutual suspicion between the United States and China continues to abet a perpetual state of crisis in Korea. Read more >

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Cautious Hope: Global CO2 Emissions Remain Flat in 2015 while Renewable Energy Surges

, lead economist and climate policy manager

New data released today show that, for the second year in a row, global carbon dioxide emissions remained flat in 2015. Coming off the Paris Agreement, these trends are cause for hope that we are making progress toward addressing climate change. Read more >

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If China Can Do It, Why Not Us? Carbon Pricing and Cooperation on Climate Change

, lead economist and climate policy manager

Last Thursday night news broke of the impending announcement of a national cap-and-trade program for carbon in China, as part of a U.S.-China joint climate announcement. This market-based approach, pioneered in the U.S. with the sulfur dioxide trading program, has clearly come to be seen as an essential policy tool to combat climate change, increasingly embraced by countries, policymakers, and global business leaders of all political persuasions. Read more >

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King Coal’s Stages of Grief, Part 4: Bargaining for Delay

, senior energy analyst

This week’s post in my ongoing series focuses on the third stage of grief, bargaining. The U.S. coal industry continues to get hammered by a series of terrible earnings reports, an ongoing wave of bankruptcies, and falling bond prices. Since my last post, Alpha Natural Resources has been delisted from the New York Stock Exchange because of consistently and unusually low stock prices, and Arch Coal executed a 10-1 reverse stock split in an effort to delay the same fate. In the bargaining stage, the grieving person typically looks for ways to avoid the ultimate fate, or buy time. For the coal industry, the bargaining stage manifests itself as industry supporters trying to delay any attempt to limit pollution from coal, including action to reduce carbon emissions. Read more >

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At COP 20 in Lima: The Buzz about Renewable Energy

, lead economist and climate policy manager

I’m in the beautiful city of Lima, at the annual United Nations climate talks, or COP 20. Even as negotiators labor over “non-papers” and “elements of draft negotiating text,” the real buzz here is about the incredible opportunity to drive down global emissions by investing in renewable energy and energy efficiency. What makes this a particularly exciting time is that the costs of renewable energy are falling dramatically. The clean energy transition has never been more affordable – or, frankly, more urgently needed. Read more >

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