CGD Policy Blogs
Our recent paper suggesting that there are stark tradeoffs between energy access and pursuing a renewables-only energy strategy has attracted a lot of attention. We responded to Michael Levi’s post on CFR.org here, but it seems worth addressing some of the other critiques, notably this detailed post by UC Berkeley’s Daniel Kammen, that have challenged our projections and findings.
Over at the Council on Foreign Relations website, Michael Levi posted a reply to our recent paper on estimating the tradeoffs between OPIC power generation investments based upon natural gas and renewable sources. We are grateful to Michael for his thoughtful comments and for instigating a sensible discussion of the underlying issues.
Of the many outcomes in the FY2014 Omnibus Appropriations legislation, one that stood out was buried in section 7081. This provision now allows the Overseas Private Investment Corporation (OPIC) to invest in fossil fuel power projects in IDA and IDA-blend countries. In other words, OPIC’s carbon cap has been lifted at least until the end of September.