At the same time, new questions are emerging: Will North American LNG exports become large enough to change the competitive position of natural gas in gas-poor economies? Could European shale gas affect Russian geopolitical power? What happens to Chinese wind and solar technology exports if Western subsidies disappear?
As new resources become available to industry and geopolitical situations shift, careful policy analysis often lags. As a result, the decisions being made today to form many of our local and national regulations are based on limited data, leading to potentially negative results— for the broader economy and for our health, environment, and climate. A more complete picture of the benefits and costs of a range of energy production technologies would lead to more efficient, cost-effective regulations.
EPIC-affiliated researchers are bringing a data-driven approach to bear in answering key questions facing energy producers and policymakers globally, including: What role will conventional energy resources play as we move forward? What are the economic and social impacts of energy production, both locally and at the national level? What have we learned from the pace of innovation in U.S. oil and gas development that could be applied to new technologies or to new regions of the globe? And how do environmental policies affect investment in new energy technologies?