ENERGY RESEARCH AT HKS CARBON MITIGATION INITIATIVE PRINCETON UNIVERSITY APRIL 17, 2013 Henry Lee

Programs at the Belfer Center  Energy Technology Innovation Project - Venkatesh Narayanamurti, Henry Lee and Laura Diaz Anadon  Geopolitics of Energy - Meghan O’Sullivan  Middle East Initiative - Nicholas Burns  East Asia Energy - Tony Saich and Henry Lee 2

Business and Government  Harvard Electricity Program - William Hogan  Sustainable Science Program - William Clark  Harvard Environmental Economics Program - Robert Stavins 3

Projects Not Covered: Economics and Environment  The impact of oil subsidies on world oil markets - Joe Aldy  Geoengineering - Solar Radiation Management - David Keith  Architecture of International Climate Agreement - Robert Stavins 4

Geopolitics  China  Water and energy development  Siting issues  Electric vehicles  Solar and wind energy  Arctic  Overview of issues  Russia and Arctic energy development  Building efficiency (starting September 2013)  Carbon taxes 5

Geopolitics Continued  The geopolitical implications of the shale gas boom: a joint project with the Baker Institute at Rice  The role of sub-national governments in energy development  Energy trade between Russia and Chinese (September 2013)  Natural gas trade in SE Asia (September 2013)  Shale oil resources in the United States 6

Energy Technology Innovation  How to accelerate the development and deployment of cleaner energy technology  Energy R&D under technical uncertainty - electricity  Comparison of energy R&D programs in China, the U.S., and the U.K.  An analysis of technology innovation and the DOE’s laboratories  Economics of electric vehicles 7

Water  Water resource availability in certain Middle Eastern countries  Water management and shale gas development (case of Western Pennsylvania)  Water allocation in the Yellow River Valley 8